Yes — and lenders may even assess your income more flexibly than you think.
If you’re a limited company director, getting a mortgage is definitely achievable. The key is how your income is structured — and which lender you approach.
Whether you take a low salary and high dividends, or leave profits in the business, the right lender can work around your setup.
🧾 How Do Lenders Assess Directors?
Most lenders will ask for:
- Two years of company accounts
- SA302s and tax year overviews
- Proof of salary and dividends
- A stable or growing income trend
Some specialist lenders may also look at:
- Retained net profit in your business
- Evidence of business health and ongoing contracts
💡 Many directors take a small salary for tax reasons — which is fine, as long as your accounts show the full picture.
💷 How Much Can I Borrow as a Director?
Typically 4 to 4.5 times your declared income, but:
- Some lenders use net profit + salary
- Others only use salary + dividends
- The more paperwork, the clearer the picture
If you leave money in the business for growth, using a lender who considers net profit could boost your affordability.
❌ What Trips People Up?
- Only having 1 year of accounts (some lenders will still accept this)
- Low declared income for tax efficiency
- Mixing personal and business expenses
- Gaps in trading history or recent company changes
✅ Tips to Boost Approval Odds
- Work with an accountant — lenders love clear, up-to-date figures
- Avoid large, unexplained fluctuations in income
- Be prepared to explain your business model
- Speak to a mortgage broker who specialises in self-employed cases
💬 Need Mortgage Advice as a Company Director?
If you run your own company, you deserve advice from someone who gets how self-employed income works. Let’s find a lender who sees your full financial picture — not just your salary.
✅ Help with paperwork and tax returns
✅ Lender matching based on your income style
✅ Honest, expert guidance throughout the process