In Season 3/Episode 5 of Every Day’s a Business School Day’, Nicky & James chatted with Vicky Probert from Honey Financial Solutions, about how mortgages work when you’re self-employed or running a small business. From how lenders assess your income to why your accountant is your best friend in the process. The conversation focuses on the practical steps you need to take to actually get approved—and avoid costly mistakes.
Season 3: Episode Five
Who is Vicky Probert?
Vicky is a CeMAP-qualified independent adviser who specialises in working with people navigating divorce and separation. She takes pride in making the complex feel manageable, supporting her clients with care, patience, and clarity and remaining jargon free!
Honey Financial Solutions Ltd, is an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority.
Why you should listen to the podcast
In this episode James, Nicky and Vicky talk about how planning early can help your chances of securing a mortgage and some of the practical steps to cover off before you even start looking at properties.
What You’ll Learn:
- How lenders assess income for sole traders vs limited companies
- That it’s ok if you don’t have payslips
- Why most business owners need 2+ years of accounts
- The biggest mistakes self-employed people make before applying
- How to prepare 1–2 years in advance for a mortgage
- Why your accountant is key to your mortgage success
- The truth about using a broker vs going direct
- Why you should get familiar with your credit file
- Fixed vs variable rates—and what matters for business owners
- Why income protection is critical if you’re self-employed
- That you can get a mortgage but it is wise to plan ahead
Your Homework
Vicky’s homework for sole traders and small business owners who are considering embarking on the mortgage journey is two simple but really important tasks.
- Check your credit file and do any remedial work required to get your credit score as high as possible
- Have a meeting with your accountant to discuss your plans and what you can do over the coming year to make your end of year accounts support your applications.
Rather Read A Blog?
No time to listen? Then you can read the outputs from this podcast in the library section of our website.
Find out more about Vicky
You can find Vicky on LinkedIn or visit her website.
How to listen
You listen to Vicky’s episode here.
More about the Podcasters
Nicky Thomas is Founder of The Growth Community. A place where growth minded business people hang out to connect and help each other be more successful in business. Through enjoyable, productive fortnightly networking meetings and great onward conversations, our members and guests share knowledge and introductions and make valuable business friendships.
Find out more on our website or follow us on Facebook, Instagram and Linkedin.
James Marriott is the owner of podcast consultancy, Sound Media. With an extensive background in broadcast media, he helps people to unlock the power of podcasting to give businesses and brands an unique and strategic opportunity to connect with their audience.
Find out more on our website or follow us on Facebook, Instagram and Linkedin.
