A company director, unlike a sole trader or a person who is self-employed in a partnership, will likely pay themselves a base salary and top this up with dividends, for the purpose of tax planning.
A sole trader or partnership won’t be able to draw down dividends. That means that lenders will often view these two types of self-employed people differently, based upon the complexities of their income and earnings.
There are mortgages available for both company directors and sole traders, and working with the right broker will help you to find the right lender and deal based on your specific financial situation.
Read more in our Guide: How to Get a Mortgage as a Limited Company Director.