Mortgages from specialist contractor mortgage brokers in the UK. We have a team of some of the best and award-winning contractor mortgage brokers in the UK who have a wealth of experience in helping contractors secure a mortgage through contractor-friendly lenders.
Our team of FCA accredited brokers specialises in arranging mortgages for contractors and has relationships with lenders who base their lending decisions on a multiple of your annualised contract rate, rather than requiring years of accounts or payslips. This is achieved through contract-based underwriting.
As a contractor, you can apply for up to a 95% mortgage on any property type. Our mortgage advisors can help you secure the best deals at the most competitive mortgage rates.
A contractor mortgage is a type of mortgage that is designed specifically for contractors. For those who don't have permanent employment. The mortgage amount you can borrow is assessed on your annualised contract rate. It caters to the unique financial circumstances of contractors, freelancers, and self-employed professionals, whose income may fluctuate and be less predictable compared to those with regular salaried positions.
Traditional mortgage lenders often rely on consistent, documented income to assess the borrower's ability to repay the loan. However, a contractor mortgage takes into account the nature of contract work, allowing lenders to evaluate income based on contract rates, work history, and projected future earnings. This mortgage typically requires proof of income through contracts, bank statements, and tax returns, rather than standard payslips and employment verification.
The mortgage amount you can borrow depends on various factors like income, deposit size, borrowing period, mortgage type and whether or not you are a first-time buyer. Use our contractor mortgage calculator to find out how much money you can borrow.
Our team of mortgage brokers have established relationships with lenders who base their lending decisions on a multiple of your annualised contract rate, rather than requiring years of accounts or payslips. This method, known as contract-based underwriting, streamlines the process, making mortgage approval quicker and more accessible for contractors.
We work with lenders who underwrite mortgages based on:
We specialise in helping contractors across the UK secure the right mortgage with ease. Whether you’re a first-time buyer, remortgaging, or investing in Buy-to-Let, we make the process straightforward and stress-free.
Below is a list of 10 best contractor-friendly mortgage lenders in the UK.
For a detailed quote and for a free initial consultation, simply fill in your details into the form below and one of our contractor mortgage specialist will get in touch with you. We can help you secure a mortgage from the best contractor mortgage lenders, with the best possible rates and minimal documentation.
While securing a traditional mortgage is relatively straightforward, contractor mortgages can be more complex. A specialist mortgage advisor will walk you through the process and provide a clear list of the necessary documents, which often include specific requirements.
To secure a mortgage as a contractor, you'll typically need the following documents:
Our advisors will guide you through the full documentation process to ensure everything is submitted accurately and efficiently. If you need any help regarding mortgages, please feel free to fill in the form below and one our specialist contractor mortgage advisors will get in touch with you.