Limited Company Director – Complex Income

Case Information

Type of finance: Residential Purchase
Loan amount: £550,000.00
Interest rate:
LTV: 45%
Term: 25 Years

Summary and Solution

Our client approached London FS with the intention of buying a six-bedroom house for £1.25m. He was a LTD company Director, and had approached his bank directly who were not able to assist and several other brokers who were also restricting the loan amount to £300,000 based on a deposit of £700,000 and SA302 figures showing £60,000 income from salary and dividends.

Our Ltd company specialist adviser was able to extract £120,000 as income based on the information from the company accounts and was able to arrange a mortgage of £550,000.

Time from application to offer – 10 working days with a high street lender.

Understanding company accounts can prove to be crucial for clients who find their lending is restricted due to figures showing on their personal tax calculations.

To discuss you mortgage requirements in the strictest confidence please get in touch using the below form.

WHAT WE OFFER

OUR SERVICES

Residential Mortgages
Buy to Let
Insurance
Mortgages for Professionals
Bridging Finance
Commercial Finance
Development Finance
Professional Landlords

Client's Testimonials

Get in Touch

+44(0) 208 427 5057

Call us or provide us with your details, for one of our brokers to contact you.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.