When assessing self-employed applicants, we will normally require two years of trading. However, our flexible approach using manual underwriting allows us to potentially help clients who have only one year of accounts or perhaps even less.

If the client has worked in the same industry in some capacity then we may be able to assist. If you have recently self-employed clients who are struggling to meet the ‘tick box’ nature of some lenders then get in touch to see if we can help.

For more information call our BDM Ed Appleby on 07516728428 or ed.appleby@penrithbs.co.uk. More information about our policy and products can be found on our website.

And don’t forget – we also pay 0.20% for product transfers!