Mortgages With One Year's Accounts
Are you looking for a mortgage with one year's accounts? You’re not alone — and it’s more achievable than you might think. Speak to a specialist adviser today. It’s free to chat.
Get startedGetting a mortgage with one year’s accounts can feel frustrating, especially if you’ve already been turned away by a high street lender.
Most banks prefer at least two years of trading history. But that doesn’t mean you’re out of options.
At Premier Mortgage Services, we help self employed applicants secure mortgages with just 12 months of accounts by working with lenders who take a more flexible, real-world view of your income.
Specialist Support for Self-Employed Applicants With One Year's Accounts
If you’ve only been trading for a year, your application needs to be handled differently.
Rather than relying on rigid criteria, many of the lenders we work with assess your full situation — including how your business is performing now and where it’s heading. In some cases, this includes manual underwriting, where an actual underwriter reviews your case rather than a computer making an instant decision.
We position your application properly from the start, giving you the best possible chance of approval.
Lenders That Will Consider One Year’s Accounts
While many banks will decline applications with limited trading history, there are lenders who are far more open. We regularly work with providers such as Halifax, as well as more flexible options like Saffron Building Society and a range of specialist lenders who focus on self-employed applicants.
The key is knowing which lender fits your exact situation — and approaching them in the right way.
How Much You Can Borrow?
With one year’s accounts, borrowing potential is often similar to other applicants, typically around 4 to 4.5 times your income.
What really matters is how your income is presented. Whether you’re a sole trader or a limited company director, lenders will look at profitability and sustainability rather than just the headline figures.
We’ll give you a clear idea of what you can borrow early on, so there’s no uncertainty.
Your Employment Background Matters
One of the biggest advantages you can have is previous experience in your industry.
If you’ve moved from employment into self-employment within the same field, lenders often view this as a continuation rather than a risk. It shows stability, skill, and a higher likelihood that your income will continue.
Even if your situation is less straightforward, there are still options — it just comes down to how your case is presented.
Why choose Premier Mortgage Services?
Premier Mortgage Services has been helping clients secure mortgages for more than 30 years and has built a strong reputation as a trusted local mortgage adviser.We understand that contractor income can be complex, and we work with lenders who are experienced in assessing contractor applications.
We offer:
✔ Clear, straightforward mortgage advice
✔ Access to lenders who understand contractor income
✔ Support throughout the entire application process
✔ Friendly, jargon-free guidanceOur goal is to make the mortgage process as simple and stress-free as possible.
Ready to get mortgage advice?
Ready to get personalised advice? One of our qualified mortgage brokers will be happy to help.
We can identify the right lender for your situation and help you obtain the necessary documents for your application to be processed and offered. Please contact us here or call us on 0115 9499988.
Think carefully before securing other debts against your home. You may have to pay an early repayment charge to your existing lender if you remortgage.
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About us
In 2022 we celebrated 30 years of providing first-class whole of market mortgage advice to clients across the UK surpassing £2 billion pounds of client borrowing with the UK's most respected banks, building societies and specialist mortgage lenders.
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Premier Mortgage Services is an Appointed Representative of Stonebridge Mortgage Solutions Ltd which is authorised and regulated by the Financial Conduct Authority.
There may be a fee for arranging your mortgage and the precise amount will depend on your circumstances. Our initial consultations are free, always.
Your home may be repossessed if you do not keep up repayments on your mortgage.