Company Director
Mortgages

As a company director, your deposit requirements are generally the same as those for employed applicants. If you meet the lender’s affordability criteria and have a strong credit history, you could be eligible for maximum loan-to-value (LTV) ratios of up to 95%.

However, more complex applications — such as those involving poor credit or a limited trading history — typically require a larger deposit.

Having a deposit of 15–30% along with a good credit profile can give you access to a wide range of specialist lenders, often with more competitive interest rates and flexible mortgage terms.

To verify your income, you’ll typically need to provide at least three months of bank statements.

Most mortgage lenders will also ask for your finalised business accounts or SA302 year-end tax calculations from HMRC — and in some cases, both may be required.

Ideally, you should be able to provide accounts covering at least one full tax year. However, some lenders may request two or more years of accounts to gain a clearer understanding of your financial situation.

Yes, you may be able to release equity from your home or another property you own through a remortgage, particularly if you’re looking to reinvest in your business or consolidate business debt.

That said, not all lenders will approve a remortgage if the funds are intended for certain purposes, such as:

• Funding a startup

• Repaying gambling debts

• Purchasing stocks or shares

• Paying off tax bills

It’s important to think carefully before committing to a remortgage. Using your property to raise capital carries risk — whether the money is for business or personal use. If you’re unable to keep up with repayments, you could lose your home. Always calculate your repayment plan thoroughly to ensure it’s manageable.