Case Study:
Residential Mortgage Factoring in Retained Profit
The Requirement:
£675,000 arranged on a property valued at £900,000 for a company owner.
The Solution:
We successfully presented this case to the lender resulting in a loan of 5.7 times income (salary and dividend). We showed that our client’s share of net profit far exceeded what he was drawing and that there was a strong track record and projection for next year. Mortgages for company owners and self-employed people are perfectly possible once a little lateral thinking is applied.
