Mortgages for Limited Liability Partnerships (LLPs)

Most commercial mortgages are designed for limited companies – but what about LLPs? Here we guide you through LLP mortgages, lender assessments, and how to find the best business mortgages.

About your mortgage

Error: Yearly income income must be between £1 and £10,000,000.

Error: Regular bonus must be between £1 and £10,000,000.

Based on your yearly income, you may be able to borrow:


Most lenders will let you borrow 4.5 times your annual salary so, as long as you have a standard 10% deposit, you should be able to borrow this much.


Depending on your personal circumstances, some lenders may let you borrow 5 times your salary.


Lenders usually cap the amount they lend at 5.5 times your salary, so it’s unlikely you’ll be able to borrow more than this.

This calculator is an estimation of how much you could borrow. If you’re ready to take out a mortgage, speak to a Revolution brokers to see what options are available.

Mortgages for Limited Liability Partnerships (LLPs)

The Revolution Brokers team regularly works with clients looking for limited liability partnership (LLP) mortgages, with common questions including:

  • Can I go ahead with an LLP mortgage application?
  • What interest rates can I get on an LLP mortgage?
  • How do UK lenders assess my income from my LLP?

We have created our guide to answer all of the frequently asked questions about limited liability partnership mortgages to help you make an informed decision.

If you need more assistance finding the right LLP mortgage for you, give us a ring on 0330 304 3040.

Can I Get a Mortgage if I'm Self-Employed Through a Limited Liability Partnership (LLP)?

As a partner in an LLP, you are considered self-employed, which makes a difference to the mortgage application process.

Factors will include how much your average income is and how long your LLP has been trading.

However, there is no reason you cannot secure the same competitive rates on a mortgage as an applicant in full-time employment.

Self-employed mortgages aren't a different type of product from any other residential mortgage - the difference is that lenders need to work a bit harder to establish your average income since this is prone to change.

The best way to secure a competitive mortgage as an LLP owner is to contact the Revolution team for whole-of-market access to the best deals on the market - including broker-exclusives that you won't find anywhere else!

What income from my LLP ownership is considered in a mortgage application?

Most lenders will look at your proportion of the net profit of the LLP, as shown in your filed accounts. They might also look at the income you received from the LLP, and ask for your self-assessment tax returns (SA302s) to prove this.

Typically, the maximum mortgage you can borrow is based on a multiple of your average income. The multiple varies significantly between lenders and could be as low as three times and as high as six times in particular circumstances.

How many years trade does my LLP need to have before I can get a mortgage?

Mainstream lenders will consider applications from self-employed people so long as their LLP has been trading for three years or more. They will ask to see the filed accounts for each year of trading.

However, specialist lenders can work with applicants with two years of LLP trading and niche providers with just one year.

In the right circumstances, business finance broker even works with lenders who consider mortgages for LLP partners who have less than one year of trading history. In this case, if you have previous professional experience in the same business sector, it will help strengthen your application.

How Can I Get the Best Mortgages for Self-Employed Applicants as an LLP Owner Investing in a Buy to Let?

If you own a limited liability partnership, you can apply for a buy-to-let mortgage provided you meet the other eligibility criteria.

Some lenders do not offer mortgages to any self-employed applicants. More flexible providers will, and others can, only if you have been trading for a minimum period.

Suppose you are struggling to find the right LLP mortgage. In that case, the Revolution Brokers network includes specialist mortgage providers who will consider your application without any requirements around your income or number of years trading, provided your BTL property meets the affordability requirements. I.e. The projected rental income will easily cover the mortgage payments.

The key is to ensure you prove that the projected rental income easily covers the mortgage payments, which will almost always be interest-only on a buy to let investment.

Most Buy to let mortgages do require a higher deposit than a standard residential mortgage. The deposit minimum varies between 15% to 25% depending on the lender.

Revolution Brokers regularly works with landlords - both new investors and those with established portfolios - to secure competitive buy to let mortgages at market-beating rates.

Get in touch for independent advice about the best lenders to apply to and for help structuring a compelling application.

Can Self-Employed Get a Mortgage as an LLP Owner With Adverse Credit History?

Where you have credit history issues, this will always reduce the number of lenders you can apply to.

However, specialist bad credit lenders within the self-employed mortgage market can accept applications from people with bad credit histories.

Revolution Brokers works with a network of niche lenders who offer flexible rates and terms and can consider adverse credit applications depending on:

  • When the issues occurred - the more time has passed, the better.
  • How severe your credit issues were - minor problems such as missing a phone bill payment will have much less impact than, say, a bankruptcy.

If you are an LLP partner and have had problems with your credit history, give us a call on 0330 304 3040, and we will run through the best options.

What Are the Eligibility Criteria For a Self-Employed Net Profit Mortgage as an LLP Partner?

Your income is one aspect of the application, but other factors are often just as important. Lenders will look at:

  • What deposit value you have - the standard minimum is 10% on a residential mortgage, but some lenders can accept a 5% deposit. The higher the deposit you have, usually the better the rates you can achieve.
  • The type of property you wish to mortgage - Non-standard properties, such as those with a timber frame or a thatched roof, can be tricker to a mortgage than typical bricks and mortar properties. For help with an LLP mortgage for a non-standard construction, give our team a call, and we will advise on the suitable lenders to apply to.
  • How old you are - some high street lenders set caps of 75 or 85 on the maximum age of a mortgage applicant, whereas others have no age limit at all. If you would like an LLP mortgage past retirement age, working with an experienced broker is vital.
  • Your expenses - the income calculations will consider any other commitments, such as mortgage payments, loan repayments, or whether you have dependent children.

It's essential to recognise that while you can get a self-employed net profit mortgage, these criteria are indicative, and each lender will have different policies and risk exposure profiles.

Give us a call, and we'll assess your circumstances to make tailored recommendations about the best lenders for you.

Expert Advice on Self-Employed Net Profit Mortgages

Contact the Revolution Finance Brokers team today if you would like further support identifying the right lenders to apply to for an LLP mortgage or expert advice on negotiating the most favourable rates and terms.

While the best mortgages for self-employed applicants might not be through a mainstream bank, there are plenty of highly competitive mortgages out there, many of which are not sold directly to the public.

We'd always recommend using a broker if your income is non-standard, including through an LLP, since the key to mortgage approval is structuring your application to comply with all the lender criteria and present a strong case for acceptance.

Revolution is fully independent and whole-of-market, offering every client exclusive access to our negotiating power and securing exceptional mortgage rates.

Call us on 0330 304 3040 or drop a message at, and we will be in touch shortly.

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FCA disclaimer

The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature. We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.

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