Newly Self Employed

Lenders have always been cautious with self-employed and 20% plus shareholding applicants.

Establishing track record and consistency isn’t always easy especially when your business is less than 3 years old. We understand the challenges with running the business and balancing all the components that hold your business together and make it profitable and growing.

We have helped many, many clients and with one year’s worth of accounts secure competitive mortgage terms with established lenders who are prepared to take a balanced approach when presented with a proposal for a client in less than usual circumstances.

Have you gone from sole trader to limited company recently on your accountant’s suggestion to reduce your tax liability and now finding your lender doesn’t want to help you? We can help you.

A testimonial from Paul B:

“I contacted Oakwood needing a mortgage of over £300,000 in a hurry to buy out my Ex-partner and it had to be based on the first years worth of company accounts. I had tried everywhere else and been told based on my companies first years profit I would need two years of accounts or I was looking at an impossible mission. Stuart took on the mission and in less than two months had found a lender and secured the mortgage with a brilliant interest rate of less than 2%! An amazing feat from an amazing company.”

NB: Just to clarify we had a mortgage offer issued in 9 working days and the legal work took an extended period of time to complete.

With more than 90 years’ combined experience in the lending arena we have the experience and contacts to make things happen quickly and in a cost effective manner.