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Self-employed mortgages

Being self-employed shouldn't prevent you from getting a mortgage. Whether you're looking for a freelance, small business, or contractor mortgage, our specialist self-employed mortgage brokers know the market inside out and will find the best deal for you.

Call us today on 0330 335 3399 for your free mortgage consultation, or you can leave your details and we'll get in touch.

  • Your own personal advisor will take the time to fully understand your circumstances
  • Access the whole market - we can work with any lender to find you the perfect mortgage with exclusive deals
  • Mortgages based on your day rate or previous year's Self Assessment
  • In most cases, we can offer a Decision in Principle within just one hour

  • Mortgage Monitor service

    Crunch Mortgage Monitor is a free service that checks every day to see if you could save money on your mortgage. Find out more here.

  • First time buyers

    Your own, dedicated advisor will guide you through the whole process and help you to secure your first time buyers mortgage.

  • Remortgage deals

    If you're coming to the end of a discount period or simply want to switch to a better deal, we'll find a great mortgage for you.

Find the perfect mortgage for you

Found your dream home? Get in touch and one of our advisors will get to work securing the perfect mortgage for you. Our mortgage advisors are available 9am - 5.30pm

If you're self-employed and have had trouble getting a mortgage, don't despair. These are the different mortgages available to you...

There are a variety of self-employed and contractor mortgages that can work for you. Keep your repayments stable and predictable with a fixed rate mortgage, which typically allows you to freeze the interest rate on your repayments for between one and five years.

If the Bank of England's base interest rate rises you won't be affected – however you also won't be able to take advantage of any interest rate reductions.

Finding the perfect self-employed and contractor mortgage needn't be difficult, there are plenty of options to suit you. With a full repayment mortgage, your equity in your property increases with each monthly payment, and your interest payment decreases.

Your repayments are interest-heavy at the beginning of the mortgage term, but you'll gradually pay more and more of the capital back, increasing your equity in the property. Unlike an interest-only mortgage, at the end of the term the loan and interest will be fully paid off, and you'll own your property outright.

The variety of self-employed and contractor mortgages available means that there will always be one for your circumstances. Take advantage of movements in the Bank of England's base rate with a tracker mortgage. Tracker mortgages typically last for between two and five years and tie your interest rates to the base rate plus a fixed amount – for example, the current rate of 0.5% plus a fixed 1.5%, for a total interest rate of 2%.

If the base rate goes down, so do your repayments. But if the rate goes up, be ready for a higher mortgage bill every month. It's important to consider affordability when looking for a self-employed mortgage – our advisors will walk you through the basics.

Although generally not a preferred option, an interest-only mortgage can be considered if you know you'll be able to repay the lump sum of the loan at the end of the mortgage term.

Your monthly repayments will just be interest on your loan, so will be lower than with a repayment mortgage, but you won't increase the equity in your property.

Interest-only mortgages can be an interim option for freelancers, contractors or small business owners with reduced earnings, as they can often be switched to other self-employed mortgage types midway through the term.

What our customers think



Steven and Karen Brooks

"From the very start, dealing with Crunch Mortgages was a breath of fresh air. We were assigned a personal broker, Richard, who took the time to fully understand our circumstances. Thanks to Richard’s knowledge and dedication, we’ve got the mortgage we needed and are no longer living under the threat of our home being taken away."

P Haggar

"As a consultant with my own limited company, and a very good record of paying my mortgage with my bank over 15 years, I was shocked to discover that they wouldn’t provide a new mortgage for my wife and I when we decided to move to the coast. I approached Crunch Mortgages and the process was simple and effective and quickly delivered a mortgage that was just as good as I’d had before. Now, 18 months later, we still wake up every morning delighted to look out at the sea, and literally I can say that we wouldn’t be here without Crunch Mortgages."

Kareem Habib

"Crunch mortgages was of a great help throughout the process of securing a 85% LTV remortgage in what was a challenging application involving Structural Engineer report after the house valuation was done. During the whole process they always clearly explained to me what I had to do and kept me updated on the progress of my application and the various exchanges they had with the lender. On top of that, the interest rate they managed is .25 lower than the best rate I was proposed from other brokers out there. I have absolutely no reservations at all in recommending Crunch mortgages to anyone looking for a mortgage."

Hugh

"Richard at Crunch made what was seemingly impossible possible. My partner works in the theatre industry and from the array of contractor mortgages available, most lenders' policies seemed to be very IT centric. After trying specialist brokers recommended on forums, we didn't have any luck. Our situation seemed hopeless. We turned to Crunch and were instantly impressed by Richard's experience and diligence. He worked very hard to make getting a mortgage possible and it paid off. A big thank you to Richard, Gemma and the team. You guys change lives!"

M Ebden

"Thank you for all of the work you put in to arrange our new mortgage for us. It’s been a couple of weeks and I think we’re nearly out of the boxes now! I really appreciate the work that yourself and team put in to the arrangement and the constant keeping in touch emails whilst we waited for the chain to stabilise and move forwards."

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Looking for a mortgage?

We can find you the best mortgage possible. If you’re a Crunch client then you’ll benefit from discount of up to 15% on our broker fees. Even if you’re not a client, don’t worry - we offer Crunch Chorus members 10% off our broker fee. Crunch Chorus is our free community for the self-employed, with jargon-free guides, videos, discounts and tools. You can sign up to Crunch Chorus for free here.

E-Crunch Ltd t/a Crunch Mortgages is an appointed Representative of Seico Insurance & Mortgages Ltd for mortgage broking purposes. Seico Insurance & Mortgages Ltd is authorised and regulated by the Financial Conduct Authority under Firm Registration Number 300024.