Call us today: 01722 322683

Mortgage Advice for Freelancers

Freelancer Mortgage Advice

If you are a freelancer, it can be more complicated to get a mortgage. Whilst it can be more challenging it is not impossible. How we can help:

  • Relationships with specialist lenders
  • Access to exclusive deals not available directly
  • We know how to package your Freelancer income to maximise your chances of being accepted

If you turn to a specialist broker like us for Freelancer Mortgage Advice, we do the hard work for you. You are more likely to get a positive outcome if you use an experienced Mortgage Broker like us.

Freelancer Mortgage Advice

Freelancer Mortgages Explained

A freelancer is a self employed person who works for different clients and different projects. As such, you might be wondering what the process is for a mortgage application. And how to package your income in order to demonstrate to the lenders how much you truly earn.

Often the way you get paid means that high street lenders won’t consider you for mortgage applications. Whether you are a Copywriter, Web Developer, Designer, Marketer or Virtual Assistant as a specialist mortgage broker, we can help.

You might be worried about the following:

  • My income was impacted by the Pandemic and I have gaps in my employment
  • The amount of income I earn fluctuates over time
  • I have been declined for a mortgage by a high street lender
  • I’m unsure how to present my income to a lender

Whatever your concern, our expert advice is here to support you. As a Freelancer, it can be more challenging to apply for a mortgage but by no means impossible.

We know what documents you need to provide to the lender to prove your affordability. We have relationships with specialist lenders who are more likely to accept applications from Freelancers. We also know how to package your income to maximise the likelihood of a successful outcome.

By using an experienced mortgage adviser like us, we can help guide you through this whole process and help make it as stress free as possible.

Contact us today for Mortgage Advice for Freelancers.

Contact us

Key points to remember

Do I need a different type of mortgage as a Freelancer?

There is no specific Freelancer mortgage. However the way that you apply for the mortgage and the way the lender assesses your income will be different from other employed people.

The type of mortgage product you consider is also important. You may also want to look at an Offset mortgage or a mortgage with greater flexibility to take payment breaks. This will take advantage of the fluctuations in your pay. For example, it might be useful for you to overpay or underpay or even take a payment break.

When it comes to your mortgage application, the mortgage lender will want to see evidence that you earn enough to be able to afford the mortgage. The way you do this will be different from most self employed people as you will work for different clients and your income might fluctuate over time.

You need a broker who can find you a lender that is sympathetic to the way that Freelancers work.

It depends on which lender you choose as to how they calculate your affordability. Generally, they will take an average of your income over the last two or three years. But they can take other factors into account as well.

To prove your income when you apply for a Freelancer mortgage, you will generally need to provide 2-3 years of accounts. The lender will then generally take an average over that period.

At Your Mortgage Expert, we can help pull all this documentation together and ensure the lenders have all the information they need. We can also give advice if you only have 1 year of accounts or have recently set up your company. We can also look at different mortgage products which enable you greater flexibility.

Contact us

Why choose us?

Our friendly, experienced team is based in the heart of Salisbury, Wiltshire. But we can help you no matter where you live in the UK. To find out more about us, visit our Meet the Team page.

Our team has:

  • Over 80 years of experience in the mortgage and protection industry
  • Close relationships with high street and specialist lenders
  • We have over 100 five-star reviews on Google
  • Have helped hundreds of self employed people access mortgages

How we work:

  • Personalised, hard working service
  • Search 1000s of deals from multiple lenders
  • Detailed research to ensure you save money
  • Take care of the paperwork to minimise stress
  • By your side from application to completion
  • The experience to get a good result for you

Contact us today for Freelancer Mortgage Advice and see how we can help you get a successful outcome.

Contact us

  • Dan Allen mortgage adviser

    Dan Allen - Mortgage Adviser

    Dan Allen has worked with mortgages for over 10 years. He takes time to understand different lender criteria. His wealth of knowledge means he will know which lenders will work for you situation.
    Email Dan Allen
  • Dan Harris mortgage adviser photo

    Dan Harris - Mortgage Adviser

    Dan started working in the mortgage industry in 2004. Since then, he has helped lots of Sole Traders. Dan has great attention to detail and will do the hard work to ensure you get the best recommendation.
    Email Dan Harris

Contact us

"*" indicates required fields

Monday to Friday: 9am – 5.00pm, Saturday and Sunday: Closed

We will use your name, email address and contact number (‘personal information’) to contact you about the services you have requested or respond to an enquiry you have submitted, which will require us to share your personal information with financial institutions who can assist in the provision of financial services to you including product providers, lenders, banks, insurers, fund managers, platform providers and third party para-planners. For further information on how your information is used, including disclosure to third parties, how we maintain security of your information and your rights in relation to the information we hold about you, please see our Privacy Policy:

Your Mortgage Expert is a trading name of Your Mortgage Expert Limited which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority.

Registered Office Address: 18 New Canal, Salisbury, England, SP1 2AQ. Registered in England Number: 08924507.

Sorry to see you go

Please note, by clicking on the link you will be departing from the regulated site of Your Mortgage Expert Ltd. Neither Your Mortgage Expert Ltd nor Mortgage Advice Bureau are responsible for the accuracy of the information contained within the non-regulated site.