Raj — Self-Employed Mortgage in Leicester
A composite self-employed case. Raj had left PAYE employment 15 months earlier and had only one full set of accounts. Several high-street lenders declined, but the right lender was comfortable with the story and the numbers.
Case snapshot
- Month completed: May 2026
- Location: Leicester, England
- Loan amount: £210,000
- Loan-to-value: 75% LTV
- Income: £62,000 net profit (Ltd company director, 1 year of accounts)
- Difficulty: Only one full year of trading accounts — most lenders require two.
- Timeframe: 6 weeks first contact to completion.
The adviser approach
We identified lenders on our comprehensive panel that accept one year of accounts for limited-company directors where projections and the accountant's reference support affordability.
Outcome
Approved on a 2-year fixed rate with one full year of accounts.
Anonymisation statement
This is an illustrative composite based on real adviser experience with cases of this type. Names, exact figures and identifying details have been changed or generalised so that no single client is identifiable. Lender criteria change frequently; your own outcome will depend on your circumstances.
Frequently Asked Questions
Is this a real client?
It is an illustrative composite based on real cases of this type handled by our advisers. No single identifiable client is depicted.
Could you help me with a similar case?
Yes — cases like this are exactly what our advisers handle every week. Contact us or call 0191 580 9890.
The Mortgage Genie Limited is an Appointed Representative of First Complete Limited, trading as Primis Mortgage Network, which is authorised and regulated by the Financial Conduct Authority. The Mortgage Genie FCA No 754691; First Complete (Primis) FCA No 435779.
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