Company Director Mortgages & Protection
Mortgage and Protection Advice for Business Owners and Company Directors
Running a successful business comes with unique opportunities, but it can also create challenges when applying for a mortgage or arranging suitable protection.
Many company directors assume obtaining a mortgage will be straightforward because their business is profitable. Unfortunately, traditional mortgage assessments do not always reflect the true financial position of a limited company director.
At Cambs Ely Mortgages, we understand how lenders assess company directors, shareholders and business owners. We work with a wide range of lenders, including those who take a more flexible approach to director remuneration, retained profits and business income.
Whether you are purchasing your first home, moving property, remortgaging, investing in Buy-to-Let property or protecting your family and business, we can help.
Mortgages for Company Directors
Unlike employed applicants who receive a salary through PAYE, company directors often have more complex income structures.
You may receive income through:
Salary
Dividends
Director's loans
Retained profits
Partnership income
Multiple business interests
Many high street lenders assess affordability using only salary and dividends. However, some specialist lenders will also consider retained company profits when calculating borrowing potential.
This can make a significant difference to the amount you may be able to borrow.
Our role is to understand how your business operates and identify lenders whose criteria align with your circumstances.
First-Time Buyer Company Directors
Buying your first home as a company director can feel daunting.
Many business owners incorrectly assume they need several years of accounts before applying for a mortgage. While more trading history can help, some lenders will consider applications with only one year's accounts, subject to criteria and affordability.
If you are building a business while trying to get onto the property ladder, we can help you understand your options and prepare for a future application.
Home Movers and Remortgages
As your business grows, your mortgage requirements often change too.
You may be looking to:
Move to a larger family home
Release equity
Consolidate existing borrowing
Secure a new fixed-rate deal
Fund home improvements
We compare products from a broad panel of lenders to find solutions that match your circumstances and objectives.
Buy-to-Let Mortgages for Directors
Many company directors choose to diversify their wealth through property investment.
Whether you are purchasing your first rental property or expanding an existing portfolio, we can help with:
Individual Buy-to-Let mortgages
Limited Company Buy-to-Let mortgages
Portfolio landlord finance
Commercial Buy-to-Let
Semi-commercial property finance
Understanding the tax and lending implications of different ownership structures is an important part of the process.
Protection for Company Directors
Building a successful business takes years of hard work.
Protecting that business should be just as important as growing it.
Many directors focus on protecting their home and family but overlook the financial risks facing their business.
A serious illness, long-term absence or death of a key individual can have a significant impact on a company's future.
Personal Protection
Protection is designed to provide financial security when life doesn't go according to plan.
We can advise on:
Life Insurance
Providing a lump sum payment to help support your family or clear debts if you pass away during the policy term.
Critical Illness Cover
Providing a lump sum if you are diagnosed with a specified serious illness covered by the policy.
Income Protection
Providing a regular income if illness or injury prevents you from working.
For many company directors, their ability to generate income is their most valuable asset.
Business Protection
Business protection can help safeguard the future of your company and fellow shareholders.
Solutions may include:
Key Person Protection
Helping a business recover financially following the death or serious illness of a key employee or director.
Shareholder Protection
Providing funds that can help remaining shareholders retain control of the business following the death or critical illness of a shareholder.
Relevant Life Cover
A tax-efficient way for many limited companies to provide life cover for directors and employees.
Business Loan Protection
Helping repay outstanding business borrowing if a key individual dies or suffers a serious illness.
Every business is different, which is why protection should be tailored to your company's specific circumstances.
Why Choose Cambs Ely Mortgages?
We understand that company directors don't always fit into a standard mortgage application.
Our experience working with business owners allows us to present applications effectively and identify lenders that understand complex income structures.
We provide:
Access to over 200 lenders
Mortgage advice tailored to company directors
Protection advice for individuals and businesses
Support throughout the entire process
Clear, straightforward communication
Whether you're looking to buy, remortgage, invest or protect what you've built, we're here to help.
Arrange a Free Consultation
If you're a company director looking for mortgage or protection advice, we'd be delighted to help.
Contact Cambs Ely Mortgages today for an initial conversation about your goals and circumstances.
Building Blocks for a Brighter Future
Important Information
Your home may be repossessed if you do not keep up repayments on your mortgage.
Some forms of Buy-to-Let, commercial lending and business protection are not regulated by the Financial Conduct Authority.
Protection policies have no cash-in value at any time and will cease at the end of the term. Cover is subject to underwriting, policy terms and conditions.