We are now approaching the period when anyone who is self-employed can submit their personal 2025/26 tax return, from 6th April 2026 this can be submitted and the figures can be used to obtain a mortgage. This applies to sole traders, partnerships and LTD companies and can be helpful in the following scenarios:
- 1 year’s trading
If this is your first tax return, there are lenders who can use the figures from this return to obtain a mortgage
1 Year Accounts Mortgage – Right Mortgage UK
- A second-year trading
If you had previously been unable to obtain a mortgage using one year’s figures, a second year of figures will now open up a wider range of lending possibilities
Self-Employed Mortgage – Right Mortgage UK
- An improved years trading
If your self-employed income has increased there are lenders who can use the latest years figures in isolation rather than average the last 2 years
Latest years trading figures Mortgage – Right Mortgage UK
- Limited company directors
If you have a limited company, you may have dividends which need to be declared for this tax year, these can be used in isolation or averaged with your previous year’s dividends
Limited Company Director Mortgage – Right Mortgage UK
- Change of trading style
If you have changed from a sole trader to a limited company or changed from limited company to a sole trader, you can use these figures in combination with you previous trading style to obtain lending.
Self-Employed Mortgage – Right Mortgage UK
Contact us today for to arrange to speak to an advisor.