Can Contractors Get a Buy-to-Let Mortgage?

Can Contractors Get a Buy-to-Let Mortgage?

Blog Article

Many contractors look to invest in property as a way to build long-term wealth. But can you get a buy-to-let mortgage as a contractor? Absolutely — with the right advice and lender, it’s very possible.

How Buy-to-Let Mortgages Work
A buy-to-let mortgage is designed for purchasing a property you intend to rent out, not live in. Lenders typically base their decision on the expected rental income from the property rather than solely on your personal earnings. However, your income and credit history still play a role.

What Contractors Need to Qualify
Contractors can qualify for buy-to-let mortgages, but it helps to work with lenders who understand how you’re paid. These lenders can assess your income based on your day rate and contract terms, rather than requiring years of accounts.

You’ll usually need:

A deposit of 20–25%

A current contract or proof of contracting income

A clean credit history

Expected rental income that covers 125–145% of the mortgage payments

If you already own your own home, you may find it easier to qualify. But even first-time buyers can access buy-to-let products with the right setup.

Why Work with a Specialist?
Buy-to-let mortgages come with stricter lending criteria and are often harder to navigate — especially for contractors. That’s why working with a specialist broker like Contractor Mortgage Solutions is essential. We’ll present your income clearly, match you with suitable lenders, and guide you through the application process.

Ready to Build Your Property Portfolio?
Whether you're planning your first rental property or expanding your investment portfolio, we’re here to help.

Get in touch with Contractor Mortgage Solutions today and discover your buy-to-let mortgage options as a contractor.