Contractor mortgages are mortgages designed for self-employed individuals, freelancers, or contractors who do not have a traditional employment contract. These individuals typically work on a project-by-project basis and may have fluctuating income, which can make it more challenging to secure a mortgage through more traditional channels.

In the UK, many mortgage lenders offer specialist contractor mortgages tailored to the unique needs of these types of workers.


Contractor mortgages can provide greater flexibility in terms of income and understanding how it is earnt, the working patterns and calculating lending multiples.

Without this bespoke knowledge and understanding a traditional mortgage wouldn’t be approved as contractors don’t receive a regular and consistent wage akin to that of a standard employee who earns via PAYE and can be evidenced via payslips.


When applying for a contractor mortgage, it’s important to work with a mortgage advisor such as Roots Mortgages who specialise in this type of mortgage to ensure that you find the best deal for your individual situation.

You’ll likely need to provide additional documentation and financial information to support your application, such as bank statements, tax returns, or contracts with clients.