Skip links

How we can help you

We’re here to take the unknown out of buying a home to let. 

Whether your existing or future buy to let portfolio is in your own name or via a Limited company, applying for a buy to let mortgage or remortgaging a buy to let property is usually harder for contractors than it is for those in permanent employment.  

We’ve been helping contractors to successfully apply for buy to let mortgages for over ten years. With thousands of applications under our belt, our mortgage consultants have the expertise and the experience to help you start, expand, or remortgage your property portfolio. 

We make it really easy to start your buy to let journey with us.

To get the ball rolling with your buy to let mortgage, simply provide us with some information about your contracting background. We’ll then send you mortgage quotes straight to your inbox. Alternatively, our friendly advisors are on the end of the line.

Just give us a ring on 02394170047 or request a call back 

We help

Contractors trading via a Ltd Company (even in your first year)

Contractors using an umbrella company

Day one contractors

Can a contractor get a buy to let mortgage?

Contractors can get a buy to let mortgage.

Whether you work as a contractor under your own Ltd company or under an umbrella company, we will help you to put together a strong mortgage application so you can kickstart or expand your property portfolio.  

However, there are several factors that need to be considered by contractors, and indeed, anyone looking to start or expand a property portfolio.

  • Be certain the rent you will charge will cover the mortgage repayments
  • Be prepared that you may only qualify for an interest-only mortgage – this means putting a plan in place to pay the mortgage off at the end of the term.
  • Decide on whether you want to invest as an individual or through a limited company – seek independent tax advice to decide on the best option for you.

Don’t believe us?

Our buy to let mortgage calculator gives you a glimpse into the kind of mortgages that are available to contractors. Enter details like the property value, how much you wish to borrow, how much you can pay back each month, and your expected rental income, and it’ll reveal a selection of mortgages that we could help you to apply for.  

What are buy to let mortgages for contractors?  

A contractor buy to let mortgage enables you to qualify for a buy to let mortgage based on your gross contract value, rather than how much you earn through salary and dividends.  

That said, whether a contractor or permanent employee, a buy to let mortgage typically comes with a higher interest rate due to the risks involved. For example, a lender will want to make sure that you can still pay back the mortgage on your property if you have no tenants.  

A buy to let mortgage also typically comes with: 

  • A 25% deposit requirement
  • Higher product fees
  • A requirement for you to already be an owner-occupier

Why do contractor landlords choose us for their buy to let mortgages?

Starting or expanding your property portfolio is an exciting time. Whether you’re planning for your retirement or looking for ways to invest your hard-earned cash, our team of specialist mortgage consultants will help you to find and apply for the right buy to let mortgage for you.

Not only that, but we’ll also make sure that you understand the whole buy to let process, so you can make an informed decision before the paperwork gets underway.  

Please feel free to call us on 02394 170047 or request a callback.

Speak to a consultant

Our 4.9 rating on Trustpilot speaks for itself. Our consultants have been commended on their: 

  • Expertise
  • Dedication
  • Professionalism
  • Exceptional talent
  • Prompt responses
  • Ability to close a purchase quickly

When you choose Professional Contractor Mortgages, you’ll be able to concentrate on your contracting work knowing that our experts are working hard behind the scenes to push your buy to let mortgage application through 

Get in touch with us

    I consent to sharing my personal data with Professional Contractor Mortgages.
    By checking this box you agree to our Terms & Conditions and Privacy Policy.

    We respect your data.
    We'll always treat your personal details with utmost care and will never sell them to other companies. We would like to send you updates about products and services, promotions, exclusive offers, news and events from Professional Contractor Mortgages by email, SMS, phone and other electronic means. You can unsubscribe at any time by contacting us through email, telephone or post.