Self-employed Freelancer Mortgage Secured

Client Profile

A sole-trader Graphic Designer looking to buy a semi-detached property.

The Challenge

Traditional High Street banks were averaging his last 3 years of income downward due to a slow trading year immediately after the pandemic, failing to recognize his recent strong earnings.

The Figures

• Property Value: £350,000
• Loan Amount: £262,500
• Loan-to-Value (LTV): 75%
• Term: 25 years
• Interest Rate: 4.45% (5-Year Fixed)
• Monthly Repayment: £1,452

The Outcome

JMB utilised a specialist lender from our network that was willing to assess affordability based strictly on the most recent year’s net profit rather than a 3-year average, unlocking the borrowing capacity he needed.