Is it possible to get a mortgage using a share of net profits from multiple companies?

by Aaron Strutt

Jan 01 2026

Is it possible to get a mortgage using a share of net profits from multiple companies?

Yes — it’s possible in the UK to secure a mortgage using your share of profits from one or more businesses instead of relying only on salary and dividends.

What “mortgage using share of profits” really means

For most UK mortgage providers, personal income (salary + dividends) determines what you can borrow. However, some lenders are willing to count your share of company profits — typically net or retained profits — as income if you’re a company director or shareholder, especially when your personal drawings are low.

For examlple it should be possible to get a mortgage if one of our clients owned 75% of four profitable companies, had not taken much salary or dividend previously, and wanted to buy a £1m home without withdrawing more cash personally. 

This could be secured using profit-based accounts to a lender that accepts net profits in affordability calculations, potentially up to an 85% loan-to-value mortgage based on the stored profit potential, with a supporting accountant reference.

Which lenders may consider a share of profits

There isn’t a formal “profit-share mortgage” category on mainstream price comparison sites — it’s more about lender flexibility around self-employed income and your brokers knowing which policies to approach.

Examples of lenders that can, in practice, consider share of net profits or retained profits (in appropriate circumstances) include:

• Kensington Mortgages  - In general, the most recent year's net profit figure is considered when assessing affordability. Then the lender can consider the share of net profit after tax figures rather than dividends plus salaried income, where the applicant is a company director with a minimum 50% shareholding. Kensingotn will request one of the following items to verify self-employed income:

  • The latest SA302 (tax calculation) + Qualified Accountant’s reference OR
  • The latest accounts + Qualified Accountant’s reference OR
  • The latest accounts + The latest SA302 or tax assessment equivalents OR
  • The latest SA302 (tax calculation) + 3 months Business Bank Statements OR
  • The latest SA302 (tax calculation) + the latest corresponding Self-Assessment Tax overview

• Skipton Building Society - 

  To calculate income, Skipton can use an average of the latest 2 years' dividends and director remuneration or an average of the latest 2 years' share of net profit (after Corporation Tax) and director remuneration (provided the company has returned a profit in the previous 2 years). However, if the latest year's figures are lower then the lower figure will be used.

  If using share of net profit, in relation to Companies where there is an Alphabet Share arrangement, these will be considered on a case-by-case basis (subject to a full understanding of the Company's share structure). Group/Holding Structures are excluded from the ‘Share’ of net profit calculation and will be assessed using the standard director remuneration and dividend calculation (an average of the last two years or the latest year if lower).

• Virgin Money - Share of net profit after tax plus directors' remuneration will be used. Average of the last 2 years used if profit is increasing or the latest year if it is reduced.

• Metro Bank - Profit before taxation plus directors' remuneration can be considered for affordability if 100% of shareholders are on the mortgage and the sustainability of the business can be confirmed. Director’s remuneration plus average dividend for the last 2 or 3 years is used for affordability where there is less than 100% ownership. A Metro Bank Accountants Certificate or 1/2 years full company accounts submitted and registered with Companies House or 2/3 years tax calculations and overview with a covering letter from the verified accountant and the latest business Bank statement dated within the last 30 days are required.

• HSBC - HSBC will consider the applicant's share of net profit after corporation tax, averaged over the last 2 years, along with their salary (often referred to as directors' remuneration or emoluments), averaged over the last 2 years. If the latest year is lower than the average, that figure will be used.

• Aldermore - Director's salary plus dividend or Salary plus net profit.

• Coventry Building Society - Income is calculated using net profit after corporation tax and salary. We take into account the share of net profit plus salary, and not dividends.

• Stafford Building Society - The society will use an average of the latest 2 years’ salary and dividends, or the shareholders' share of profit after tax. The latest 2 years' Accounts, SA302’s and Tax Year Overviews must be provided. The latest years can be used at the underwriter's discretion.

How lenders treat the share of profits in practice

What lenders look at

When assessing profit-based income, lenders typically require:

1. Finalised company accounts — usually the last 2 years

2. Your share of profits (based on ownership percentage) — averaged over the period

3. Supporting an accountant’s certificate or personal tax returns (helpful but not always mandatory)

4. Evidence that profits are sustainable and not just one-off spikes

5. Good credit history and a reasonable deposit (often 15–25% of the purchase price)

How do they calculate income?

Most lenders take the average share of net profits over 2 years (sometimes the most recent year if justified). Some will add salary on top of share of net profits. Dividends may be treated separately or, in some stricter policies, ignored if profits are being used.

Affordability multiples

Unlike standard mortgages that often use a multiple of personal income (e.g., 4–4.5×), profit-based affordability can vary a lot by lender but can go higher (e.g., 4.5×–6.5× income) if profits are consistent and sustainable. 

Minimum documentation required

• 2 years of full, audited accounts (some lenders may consider 1 year only in certain cases).

• Accurate SA302s and tax calculations if you take dividends.

• Accountant’s reference confirming profit sustainability and realistic drawings.

Aaron Strutt, product director at Trinity Financial, says, "Many mainstream lenders won’t count retained profits at all, and some lenders only include profit for 100 % shareholders. Dividend income (personal drawings) is still usually preferred and easier to use than net profit share."

Advice for self-employed applicants

To give yourself the best chance of success:

✔ Work with a specialist mortgage broker like Trinity Financial
Profit-based cases are complex; mainstream comparison tools won’t usually show suitable lenders.

✔ Keep thorough accounts and tax records
Lenders want to see clear profit trends and evidence that profit is genuinely distributable.

✔ Get an accountant’s certificate
Even where not strictly required, it strengthens the submission.