5 x Income For A Self-Employed Mortgage



Mr A was selling his home in West London for £1,000,000 and had found a new home in the country for £3,500,000.

Our client was experiencing difficulty, however, in obtaining mortgage finance as his existing bank and broker both had concluded that his latest accounts were not strong enough to support the £2,700,000 that he required in order to purchase his new home.


When Private Finance were instructed, we identified that his business was going from strength to strength and that the positive trend in the accounts was strong. We asked the client for his management accounts and with these we were able negotiate and secure funding with a private bank which was 5 x the client’s income based on the management accounts figures.


© Private Finance Limited, 2020. Private Finance provides independent mortgage advice and arranges individual mortgage solutions for clients. Private Finance is a trading style of Private Finance Ltd, 29 Lincolns Inn Fields, London, WC2A 3EG, registered in England no. 3855776 and its Appointed Representatives. Private Finance Limited is authorised and regulated by the Financial Conduct Authority (FCA registration number 310566).

Private Finance Ltd is rated 4.95 stars by Reviews.co.uk based on 822 merchant reviews

4.95 / 5 Rating
822 Reviews
I found Private Finance to be a fantastic helpful, knowledgeable, patient, service. I really can't recommend you highly enough. Thank you for the superb help which is why we always come back to you.
Efficient and friendly service. Made being abroad and switching to a non-resident mortgage straightforward. Thanks Tim Nye!
Mike Perrin and private finance were recommended by a friend. From the moment I reached out to Mike, I received a very professional and personal service. Mike was able to digest my individual circumstances and find the right product for me and offer his expertise along the way. Being able to complete the majority of the paper work online was also highly convenient. Once the product was selected, the support between application to completion remained, with both Mike and Dan offering their support throughout the process, answering any queries and concerns in a timely manner. Thanks for all the help and look forward to working with you again in the future. Osman
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