Second Properties

If you are employed, you should supply your last P60 and three months’ pay slips and bank statements into which your salary is paid.  The statements should have your name and address on.

If you are self-employed and a sole trader, your last two years’ tax calculations and overviews will be needed.  If you are a director of your own limited company, you will potentially need to provide your last three years’ full trading accounts as well as tax calculations and overviews.  A lender will also need your last three months’ business bank statements and may go back further.

If you are remortgaging, your most recent mortgage statement and account number.

If you are buying, proof of deposit and/or details of any sum being gifted to you.

Yes is the short answer, however we capture and assess all clients' sources of income so that we can make sure we have all the facts before talking to lenders. This could result in a high st well known lender offering to help but more often than not this ends up being a specialist lender who can cater to a wider range of situations

We have many lenders who can assist in this situation, it is important to know if you are a sole trader, a lender is going to work off your ‘Net profit’ declared to HMRC as a basis for affordability. If you are a director of a Ltd Co, then we can use either salary and dividends or your share of company net profit and salary, whichever option gives you the affordability you require.