Contractors & Freelancers

We work with leading brokers who are experts at providing mortgage solutions for IT Contractors and have access to a panel of lenders who offer mortgages suitable for contractors. 

By not being tied to any financial institution, a broker can search the whole market to find the best product for you.

Contract workers often experience difficulty getting a standard mortgage from a high street lender for one of the following reasons:

• As a contractor your accounts don't often reflect your up-to-date company position. 
  
• Most high street lenders will ask for two or three years accounts which you may not be able to provide.
  
• A good accountant will construct your accounts in order to minimise tax liability by showing the least amount of taxable net profit.
  
• You are unable to provide evidence of contract renewals over a one or two-year period.
  
• As a freelancer / contractor it can be difficult to prove your income and quite often your income will vary from month to month.
  
• Maybe you have income from more than one source and have more than one contract.

In recent times things have changed and many more lenders are now prepared to offer mortgages to freelancers and contract workers at standard interest rates. Self certification provides a way to get a mortgage without having to provide accounts or proof of income.

A specialist broker will source you a mortgage from the entire marketplace, matching your requirements to the lenders offering the best terms. We can help first time buyers, those moving on, people looking to remortgage or raise funds and people wanting to invest in a buy to let property.

Flexible Contractor Mortgages

Many contract workers find flexible mortgages attractive as these to be provide the ability for you to take payment holidays when income falls and the ability to overpay without penalty when income is good.

To see how a specialist broker  can help you, simply complete the no obligation quote request form.