Did you know that when you are a shareholder with less than 20% shares, most lenders struggle to find the capacity to be able to underwrite and take this into affordability. They will then default to your normal every day income from self employment or PAYE. 
On paper, you could bring in millions in dividends and a £20k salary. They would only accept the £20k... 
There are lenders who will take a view and consider it, but not many will actually accept unless you have a good few years showing pretty much the same and quite specific circumstances. 
If you have over 20% or you are a director, then its different, lenders can consider you as part of the company and therefore take this income into account. 
19% or less though, this causes an issue. 
The good news is, I have found a lender who can help, they will also consider ignoring a 1 year dip in dividends over the middle of the years. Years such as Covid. 
E.G. £500k yr 4, £500k yr 3, £100k yr 2, £500k yr 3. 
I'm not going to quote rates etc, but some of the smaller building societies are much more able to help, subject to personal circumstances, LTD and property type. This one lender will hopefully set a bit of a rule amongst them. 
If you are paid like this, all is not lost! 
Get in touch if this could help you. 
Austyn Johnson 
Share this post:


VH D Consultants. Contact details here Live Chat webpage here Broker Log In / BrokerCentre here 
Head Office address; 109 Maldon Road, Colchester, Essex CO3 3AX (Administration Centre only) 
Your home may be repossessed if you do not keep up repayments on your mortgage. 
We normally charge a Professional Client Fee for mortgage advice. The amount will depend on your circumstances. A typical fee would be £500. The actual Professional Fee may be more or less than this, and is subject to a full Fact Find discussion and research process. H D Consultants is a trading name of Howard Reuben who are an Appointed Representative of PRIMIS Mortgage Network, a trading name of Personal Touch Financial Services Ltd. Personal Touch Financial Services Ltd is authorised and regulated by the Financial Conduct Authority.. Registered Office: Preston House, 163 High Street, Crowthorne, Berkshire, RG45 7AF. Registered in England & Wales. Company Registration Number 4952586. This site is for UK Consumers only. Website Terms and Conditions click here for our Privacy Policy. GDPR Privacy Policy - click here (PDF download / view) This site contains third party links. By clicking these links you will depart from the H D Consultants' regulated site. H D Consultants nor PRIMIS Mortgage Network is responsible for the accuracy of the information contained within the linked site. The Financial Conduct Authority does not regulate some of the services listed. H D Consultants, mortgage and life insurance advisers, is authorised by the FCA no 403701. Our in house Wills and Trusts Practice is a long standing Member of the Society of Will Writers and Estate Planning Practitioners.  
FP Ref: 1436009 / exp 25.08.2025 
Long established, recognised and national nominees and award winners for our professional mortgage services; 
Our site uses cookies. For more information, see our cookie policy. Accept cookies and close
Reject cookies Manage settings