Mortgages for finance professionals
Are you a contractor working in a financial profession, such as accounting, investment banking or finance management?
If you work in finance and are looking to secure a mortgage, talk to the experts.
As a contractor working in the finance industry, you may find it challenging to secure the ideal mortgage, whether as a first-time buyer or someone wishing to remortgage their existing property. This is often as a result of many high street lenders failing to grasp the complex income structure and tax circumstances of finance contractor roles or an unwillingness to consider your actual income and earning potential.
This is where a specialist mortgage broker who caters for finance professionals, like Cleerly, can help. We partner primarily with contractor mortgage lenders who provide bespoke underwriting for both self-employed and employed finance professionals, taking into account factors such as earnings from contracts, affordability and the nature of your financial role.
Over the last 15 years, Cleerly has built up an extensive understanding of the challenges faced by contractors working in the finance profession. With our expert knowledge, we are able to help accountants, interim CFOs, financial controllers and a wide range of other professionals secure their dream property, or build their buy-to-let portfolio.
Simply give the Cleerly team a call on 02394 212912. You can also compare potential mortgage deals using our online mortgage calculator.
Introduction
What is a finance professional contractor mortgage?
This is a type of property finance designed specifically for professionals who work in financeroles on a contract basis. Unlike a regular mortgage, which usually requires a steady income and accompanying pay slips, a finance professional mortgage considers the nature of your work and your potential earnings.
Eligibility
How to get a mortgage as a finance professional
When applying for a finance contractor mortgage, you will need to meet certain criteria set by the lender and provide evidence to prove your income and affordability.
Most lenders will typically need to see the following documentation:
- Current signed contract
- Up to date CV
- Business bank statements (if Ltd)
- Personal bank statements
- Umbrella payslips
Additional evidence may be required during the application process, including:
- Limited company accounts
- Details of any gaps between contracts
- Evidence of future contracts or pipeline of work
Your dedicated Cleerly client services manager will help you collate the documentation and present your application in the most favourable light to increase your chances of acceptance. They will also liaise with the lender throughout the process, ensuring you stay informed about your application's progress at every stage.
First-time buyers
First-time buyer mortgages for contractors in the finance sector
Navigating the mortgage process can be overwhelming for a first-time buyer, particularly those working in contractor professions. Our aim is to simplify this complex journey, taking you step by step through each stage of the application journey.
Cleerly's specialist mortgage consultants will talk you through all your options, providing straightforward, plain-speaking advice on how to secure your mortgage with a deposit as low as 5% and potentially borrow up to five times your income.
Trusted lenders we work with
