Contractor

A contractor mortgage is a type of mortgage designed for people who work as contractors instead of having a regular full-time job.

In plain terms:

  • If you work on short-term contracts, are self-employed, or run your own limited company, it can be harder to prove your income in the usual way.

  • A contractor mortgage takes into account how you get paid — like your day rate or recent contracts — rather than needing years of payslips or accounts.

  • Lenders look at your contract history and income stability to decide how much you can borrow.

It’s made for people like:

  • IT contractors

  • Construction workers on contracts

  • Freelancers

  • Consultants

So, a contractor mortgage helps non-traditional workers get a home loan, even if they don’t have a fixed salary like a regular employee.

Francesca has a lot of experience in these types of mortgages and therefore specializes in Contractor mortgages.