Buy-to-let mortgages for contractors

The go-to mortgage consultants for contractors looking to start, expand or remortgage their buy-to-let portfolio

Expert support and advise


Contractor buy-to-let mortgages

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.  

That’s why Cleerly exists. We’re here to take the unknown out of buying a home to let.  

We’ve been helping contractors to successfully apply for buy-to-let mortgages for over 15 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, 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 02394 212912 or request a call back.

Eligibility criteria


Can a contractor get a buy-to-let mortgage?

Contractors are eligible for 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. 

Buy-to-let mortgage calculator

Our 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 contractor mortgages?

When you seek a buy-to-let mortgage through a contractor mortgage specialist, you’ll have access to exclusive deals that enable 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 putting steps in place 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.  

Our 4.9 rating on Trustpilot speaks for itself.

Trusted lenders we work with

Ready to get started?

There are multiple ways to get the ball rolling with us

When you choose Cleerly, 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. Use our online mortgage calculator to compare mortgages or complete our simple quote form to receive quotes straight to your inbox, or give the team a call.

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