When it comes to self-employed, did you know:

• We will consider using 2019/20 accounts for applicants whose most recent accounts have been impacted by Covid if their last 3 months business bank statements show a return to a similar level of turnover (speak to a BDM before submitting an application)
• We will accept one years’ trading and use their latest year’s figures without averaging, even at 85% LTV
• We will use their share of profit before tax plus their salary for affordability
• Can accept accounts or SA302 as proof of income
• Base contractors’ annual income on 48 weeks a year (12 months previous experience with minimum contract term remaining)

We consent and encourage for this release to be used in any weekly round up/newsletter/email/social comms if applicable.

If you have any questions or require any further information, please get in touch and let me know.