This site is for use by mortgage intermediaries and other professionals only. Customers should visit: www.newcastle.co.uk.

Skip to main content
Accessibility tools

We're sorry, but our website is not compatible with the browser you are using.

To get the best experience we would strongly advise using a more recent and compatible browser such as Google Chrome, Mozilla Firefox, Microsoft Edge or iOS Safari.

Self-employed criteria changes

Date Published: 4 April 2024

Read time: 1 minute

We’ve increased affordability options for limited company directors.

What’s changing?  

Our underwriters can now use the client’s latest years’ salary and either an average of the last two years’ net profit before tax or the latest year if lower. This is also available for one year self-employed clients.

Working in partnership to support your self-employed clients 

With over four million self-employed individuals in the UK, each with their own complex needs. There is a significant opportunity for brokers to support them, regardless of their home ownership goals.

We’re committed to working in partnership with you to improve our policy and propositions to help you best support your clients.

Key features of our Self-employed proposition: 

  • Maximum 80% LTV for newly self-employed clients with only one year’s full accounts 
  • Loans available up to £1.5 million 
  • Choice of fee assisted products for extra support with costs 
  • Available for house purchase and re-mortgages 
  • Standard policy applies up to 95% LTV for clients trading over two years

Meet your BDM

Here to support you

Available across the UK, your dedicated Business Development Manager (BDM) is ready to give expert advice on your product, criteria, or application questions.

Headshot of Linzi, Newcastle for Intermediaries BDM

Linzi Stafford

Connells Group

Postcodes:

CONNELLS, CG

Headshot of Judy, Newcastle for Intermediaries BDM

Judi Hancock

South East

Postcodes:

SO, PO, GU, RH, BN, TN, ME, CT, SS, CM, BR, DA, CB, IP, RM

Headshot of Judy, Newcastle for Intermediaries BDM

Judi Hancock

South East (Connells Group please search 'CG' for your BDM)

Postcodes:

CO

Headshot of Steven, Newcastle for Intermediaries BDM

Stephen Breen

North West and M62 Corridor

Postcodes:

FY, LA, PR, BD, BB, L, WN, BL, OL, HX, M, WA, CH, CW, SK, S, DN, HU, HD, LL

Headshot of Rebecca, Newcastle for Intermediaries BDM

Rebecca Roberts

London

Postcodes:

HP, SL, AL, WD, HA, UB, TW, KT, CR, SM, EN, IG, E, EC, W, N, NW, SE, SW, WC

Headshot of Kam, Newcastle for Intermediaries BDM

Kam Gill

Midlands

Postcodes:

TF, ST, DE, NG, LN, WV, WS, DY, WR, B, CV, LE, NN, PE, NR, SY

Headshot of Andy, Newcastle for Intermediaries BDM

Andy White

South West and Home Counties

Postcodes:

TA, BS, CF, BA, GL, SN, OX, RG, MK, LU, SG, BH, SP, NP, SA, LD, HR, DT, EX, TQ, PL, TR

Headshot of Sophie, Newcastle for Intermediaries BDM

Sophie Goodwin

North East and Scotland

Postcodes:

SR, TS, DD, G, FK, KY, KA, ML, EH, DG, TD, CA, NE, DL, DH, HG, YO, LS, WF, KW, IV, PH, AB, PA

Contact our dedicated Intermediary Support Team on 0345 602 2338 or intermediary.lending@newcastle.co.uk. We're available from 8am to 6pm, Monday to Friday.