3mc Blog

13 residential lenders available – Self employed accounts for 1 year

Our specialist lenders assess self employed income via different methods with 13 lenders from our residential panel considering clients with accounts for 1 year. Each lender will accept different sources of income from within the accounts before arriving at the allowable income for affordability. The different sources of income can include:-

  • Directors pension contributions
  • Operating profits
  • Retained net profits
  • Use of home as an office

The self employed section within compare criteria under each residential lender details the acceptable sources of income and also enables you to source which specialist lenders consider your 1-year self employed clients.

Compare criteria enables you to source all 3mc lenders within 3 Easy Steps. Once you compare 2 or more lenders you can then email yourself the results to assist with your compliance.

For further information visit the 3mc website or call the specialist mortgage desk on 0161 962 7800.