Get 50% off your first two months of accountancy heaven!

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 in as little as an 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.

  • Don't forget life cover

    When you take out a mortgage you usually need to have life cover. Our advisors can help you find the right cover at the best price.

    Find out more here.

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

How much can you borrow?

Fill out the details below for an estimate of the amount that could be available to you

eg. loan and HP payments, credit card payments, child-care costs
This is only a guide, and that other factors such as dependants, credit score, deposit and other major outstandings may reduce affordability. Please for advice and an accurate level of mortgage available.

You may be able to borrow up to

Want a more detailed estimate, or to apply today?
Call us on 0330 335 3399

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

Fixed rate mortgages

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.

Full repayment mortgages

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.

Tracker mortgages

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.

Interest-only mortgages

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.

Related articles

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.