Self Employed - 2 years accounts always needed?

[Deleted User]

Hi - I'm just wondering on what our situation would be for us if are thinking of putting our house up on the market soon. So I would be the main applicant, good salary and could probably get sufficient mortgage with mine alone + bonus but it's borderline and I know it's tougher during this period. Realistically we could do with my husband's income on as well. He is sole trader and has been since Aug 18. He is just about to file his second tax year but hasn't yet had two 'full' tax years for accounts until April. He has a very simple accounting situation and can show growth month on month. However, would they consider his without the two full tax years? Or could they go with two full trading years when we come to that in August? We both have very good credit records, perfect payment history and we would be looking for around 40% LTV max. We actually have a reserve pot with our current provider that would cover what we need, however, from what I understand we can't borrow this back on the mortgage to move.
Any advice appreciated.

LRmortgage

Use a broker, need more info but this sounds very doable from what you’ve put here.