Securing a contractor mortgage that’s right for you

As a contractor, your circumstances may make it more complex and challenging to secure a mortgage. But there are specialist lenders available and our mortgage advisers could help you secure a contractor mortgage.

We understand that your income and situation will be different from someone who is employed full-time, but that doesn’t mean you can’t secure the mortgage you need. Whether you’re looking to purchase a new home or remortgage an existing one, there are options open to you.

Traditionally, the amount you can borrow is dependent on your annual salary. However, if you’re self-employed it’s often based on what your accounts show, which may not truly reflect what you earn. This can limit you when searching for the right property. In addition, contractors may find they’re unable to secure competitive interest rates from typical lenders because of their employment status.

The good news is that, whether you’re new to contracting or have been working as a contractor for many years, we’re here to help you find a solution.

Working with specialist lenders

We have a wealth of knowledge and experience helping contractors achieve the mortgages they want, in the timescales they want.

We understand which lenders are more favourable to, and understand, the contractor status. We’ll be able to identify those lenders that are most likely to suit your employment circumstances to help you secure a competitive mortgage. We’ll help you every step of the way too. If you’re unsure about which supporting documents need to accompany your application, our team can help.

Whatever your circumstances or mortgage requirements, we believe we can help you.

Our contractor mortgage calculator is a useful tool in finding out how much you, as a contractor, could potentially borrow. It is fast and easy to use but it’s only designed to give you a basic idea of what you could borrow.

If you’d like to discuss your needs with an experienced mortgage adviser that understands contractor mortgages, please get in touch with us today.

Your home may be repossessed if you do not keep up repayments on your mortgage. There will be a fee for mortgage advice which will depend on the amount you are looking to borrow, your requirements and circumstances.