The self-employed mortgage market is projected to grow by 67% over the next five years, reaching £34.8 billion by 2029*, there is a significant opportunity to help more customers while growing your business with Metro Bank.
Self-employed highlights
Profit before taxation plus Director’s remuneration used if 100% of Ltd company shareholders are on the application
- Income averaged over the last 2 or 3 years, whichever is higher, subject to underwriter discretion where the trading history shows volatility.
- Partners in large LLP law or accountancy firms – current drawings & latest years profit share.
- Accountants Certificate accepted for cases under £1 million
- Maximum 95% LTV for residential – houses and flats (90% LTV for new build)
Top Tip: It is also worth considering Metro Bank for limited company owners who only have one year’s accounts but prior to setting up the limited company they were a sole trader. This would be one to discuss with your local BDM.
For full details, please refer to our Mortgage Lending Criteria Guide and Product Guides.