Specialist Mortgages

A specialist mortgage is designed for borrowers whose circumstances may fall outside the criteria of traditional high street lenders. This could be due to factors such as complex income structures, credit history, unusual property types, or other non standard borrowing circumstances.

Yes, self employed applicants can still secure a mortgage. The application process may require different documentation compared to employed borrowers, such as accounts, tax returns, or company records, depending on whether you are a sole trader, contractor, or limited company director.

Yes, it may be possible to secure a single mortgage for a property that is divided into multiple units, depending on how the property is structured and the lender’s specific criteria. Specialist lenders are often better placed to consider more complex property arrangements.

Specialist mortgages may involve the same core costs as standard mortgages, including arrangement fees, valuation fees, legal fees, and broker fees. However, because specialist lending can involve more complex assessments or niche products, these costs may sometimes be higher than standard mortgage products.

Many lenders will typically ask for the latest two years of accounts to assess your income, although some specialist lenders may consider applications with just one year of accounts depending on your circumstances and the strength of your application.