Limited Company Director
As a company director, your income structure might look a little different—but that shouldn’t stand in the way of securing a great mortgage. We’re here to simplify the process, handle the paperwork, and guide you every step of the way to make sure it’s smooth sailing from start to finish.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Limited Company Director Mortgages – Find the Right Deal with Confidence
As a business owner, you’re used to being in control—so it can be frustrating when lenders don’t recognise the full value of your income or offer you the deal you deserve.
While mortgages for limited company directors aren’t hard to find, securing competitive rates and maximising your borrowing potential often requires expert advice and the right presentation of your income.
Can I Get a Mortgage as a Limited Company Director?
Absolutely. As long as you have a solid credit history and your business has been trading profitably for at least a year or two, getting a mortgage is very achievable.
However, the process isn’t always straightforward. Different lenders assess income in different ways, and your status as a company director can create added complexity. That’s where expert advice becomes essential.
While being self-employed doesn’t disqualify you, company directors often face a few unique hurdles, such as:
Requirement for two or more years of trading
Difficulties if your business has reported a loss in recent years
Complications after a change in trading style or business structure
If in a partnership, some lenders may only assess 50% of net profits
What Deposit Do I Need?
The minimum deposit is typically 5%, but this comes with caveats:
5% deposit = higher interest rates, stricter credit criteria
A 10% deposit or more is ideal for those with any adverse credit
15%+ deposit often unlocks the best rates and most competitive deals
The more deposit you can contribute, the lower your risk to lenders—and the better your loan terms will likely be.
How Do I Prove My Income?
Company directors often take a low salary and draw dividends—which can lead to a lower loan offer if lenders only assess your personal income.
However, some director-friendly lenders may consider:
Net profit before tax
Retained profits within the business
Combined income from salary, dividends, and director’s loans
You’ll likely need to provide:
Certified company accounts
SA302s or tax year overviews
Business bank statements
Accountant’s reference (if requested)
How Do I Show My Trading History?
Most lenders will require at least two years of trading. You’ll usually need to provide:
Certified accounts for two to three years
Proof of consistent or growing profits
Evidence of upcoming contracts or projects (if recent profits dipped)
If your company has made a loss in the past, this will likely limit your options with mainstream lenders. A mortgage broker can help you explore specialist lenders who are more flexible.
What If I Have Fluctuating Income?
Many directors have seasonal or variable income, especially if dividends are drawn irregularly. This can make lenders cautious, but there are ways to manage this:
Lenders may average your income over the past 2–3 years
You might increase dividend drawings prior to application
Some lenders offer solutions that focus on your most recent year’s income if it’s higher
How Can a Mortgage Broker Help?
Finding the right mortgage as a company director means navigating:
Variable income
Complex accounts
Differing lender criteria
At Momentum Mortgages, we make this process easy.