Finding it a challenge to source a sensible mortgage for your self-employed clients?

16 Jun 2022

At Family Building Society, we pride ourselves on taking a sensible view on income and trading history. Each application is underwritten by a real person, and we look for reasons to accept applications on their own merit.

Our flexible approach means we may be able to offer self-employed clients a mortgage when other high street lenders won't, just because their work situations or accounts are more complicated than company employees. We are also experts in helping older borrowers who are self-employed, so no application is too complex for us to have a look at.

Evidence of income we consider

  • The most recent SA302 or online HMRC Self-Assessment Return showing the tax calculation of the income.
  • HMRC calculation of the tax due and the tax year overview showing the total tax due and how much has been paid.
  • The last 2 years of audited accounts prepared by a Certified or Chartered Accountant.
  • An accountant's reference or other corroborative information.
  • For Limited Companies, where applicants have a 33%+ financial stake in the business, we may consider their proportion of net profit and salary over the recent years.
     

Maximum lending age

We offer generous age threshold for both our Owner Occupier and Buy to Let mortgages:

Owner Occupier:

  • For repayment mortgages we offer up to a maximum age of 95 at the end of term.
  • For interest-only mortgages a maximum age of 89 can be offered at the start of the loan.
  • Up to 80% LTV.

Buy to Let:

All our Buy to Let mortgages are on an interest-only basis and can be offered up to a maximum age of 89 when the loan commences.

Find out more and see how we can help your clients

We have a team of BDMs ready, willing and able to answer any of your queries and guide you through the application process. If you don’t have a BDM in your area, you can contact our dedicated Mortgage Desk.

Affordability Calculator

Find out how much your residential client may be able to borrow. To see affordability for a Buy to Let client, use our Buy to Let calculator

Find Your Local

Business Development Manager

Your Local BDM:

Arif Kara

Arif was previously a mortgage adviser, and focuses on North and West London. Contact Arif for help with your clients' mortgages.
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Your Local BDM:

Michelle Parry-Bunter

Michelle has worked for the Society for over a decade and focuses on the South Coast. Contact Michelle for help with your clients' mortgages.
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Your Local BDM:

Nathan Waller

Nathan, previously a mortgage broker, focuses on Cambridgeshire, East Sussex, Essex, Suffolk, Hertfordshire, Bedfordshire, Lincolnshire, Norfolk and Kent. Contact Nathan for help with your clients' mortgages.
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Your Local BDM:

Grace Bennett

Grace focuses around the West M25 area. Contact Grace for help with your clients' mortgages.
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Your Local BDM:

Darren Deacon

Darren has over 28 years' Financial Services experience and focuses on both the East & West Midlands as well as the Southwest. Contact Darren for help with your clients' mortgages.
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Your Local BDM:

Paul Roberts

Paul has over 30 years' experience and focuses on the North (inc. M62 corridor), Yorkshire & North East. Contact Paul for help with your clients' mortgages.
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We do not currently have a BDM covering your area. Please contact our Mortgage Helpdesk:

Opening hours: Mon - Fri: 8am - 5.30pm, Sat: 9am - noon

We may record any telephone calls we have with you in the interest of staff training, monitoring customer service or for security purposes.

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