When it comes to mortgages, people have always taken into consideration borrowers who are salaried employees. However, as more and more professionals are becoming contractors, this notion is changing.

If you are a contractor and want to buy a property, or remortgage your current home, you can do so by taking a contractor mortgage. Work with your mortgage broker and look for a lender who provides contractor mortgage deals that are suitable for your circumstances.

What is a Contractor Mortgage?

As the name suggests, a contractor mortgage is a type of mortgage given to contractors. Here, the mortgage lenders provide mortgage to contractors based on their gross day rate.

Contractor mortgages are widely available today as most lenders have updated their eligibility criteria looking at more people building their careers as contractors over time.

However, the lender’s definition of your status as a contractor would affect the mortgage you get. In recent years many lenders are more favorable approach towards contractor mortgage lending.

Here at MariannaFS we have expertise in contractor mortgages . Speak to us about your contractor mortgage needs.

Contractor Mortgage for First-Time Buyers

Being a first-time buyer makes it a little more confusing not knowing were to start for your mortgage. If you are a day rate contractor then it may be more confusing for a contractor mortgage.. However, it is not that difficult to get a good contractor mortgage as a first-time buyer.

There are certain ways in which you can increase your chances of getting a first-time buyer mortgage as a contractor. The one of the important ways is to gather a bigger deposit for the mortgage if you could. Having minimum credit commitment will help too. And most important is Experience mortgage broker like MariannaFS working with you.

Frequently Asked Questions

How to Get a Contractor Mortgage?

Here are three major steps involved in getting a contractor mortgage successfully. Start by getting in touch with a skilled mortgage broker. A mortgage broker would help you find the best lenders and deals in the market based on your preferences, circumstances, and contractor status. Especially if you are a first-time buyer or remortgaging it is always advisable to work with a mortgage broker who would guide you every step of the way.

Documents Required for Contractor Mortgage ?

Here are a few major documents and information contract mortgage lenders often ask for to assess the mortgage applications made by the borrowers:

SA302 and tax overview statements if self employed.
Your 3-6 months’ Pay slips if umbrella company.
Existing contract and history of your contract.
Proof of bank statements.

Which Lender Offer Contractor Mortgage?

Most high street banks will offer contractor mortgage. They may not have the same underwriting criteria but they can consider contractor mortgage. Many building societies and other lenders do offer contractor mortgage.

Can a Day Rate Contractor on Visa Get Mortgage?

A lot is IT contractors are on day rate but they do not have permanent leave to remain.
Yes lenders will still consider your mortgage application depend on your day rate, how long you are in UK, how long have you got left on your visa and lastly your deposit contribution. Some lenders will not accept the application if your do not have permanent leave to remain and some will wave off visa criteria if you have deposit of 25%. Saying that you don’t need higher deposit always.

Get in touch to see how we can help.

Why MariannaFS for Contractor Mortgage ?

Mortgage broker like MariannaFS have expert adviser who can handle your contractor mortgage needs. We have work with many contractors helping them securing the mortgage with out charging a broker fees. Read our 5 star reviews from our happy clients here.

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What Our Clients Say

27 May 2026

Great Service, very responsive

Great Service, very responsive - helped us in securing a very good mortgage!

Lisa Sophie

23 May 2026

Amazing Service

Amazing Service and very efficient, would recommend for any financial and mortgage advice

Nalika A

8 Apr 2026

Mortage Offer Secured!

Great job with helping us securing a mortgage. The MariannaFS Team done great, effectively answered all queries and supported me throughout the whole process.

B Kemal

7 Feb 2026

This was my first time dealing with…

This was my first time dealing with MarinnaFS, and the experience was excellent. Mr Milton handled my case and provided a very professional service throughout. He was always proactive, understood my busy schedule, and kept me informed at every stage of the process. Even when I couldn’t follow up due to work commitments, he ensured I was fully updated and supported. I really appreciated his professionalism, reliability, and attention to detail.

Sal Kh

17 Jan 2026

Supportive and helpful

The team at MariannaFS was fantastic. As a first time buyer, the process itself can be overwhelming and stressful, however getting my mortgage in place has made everything else go by smoothly. Throughout, the team was very caring and attentive, and would always answer any questions I had. Thank you so much to Milton and Jeanal for all your help. Would highly recommend to anyone!

Angelica Di Domenico Charry

8 Nov 2025

Great experience

Great experience with Marianna Financial! Nelson was very professional and extremely informative throughout the entire process. His quick responses and regular checks kept me in the loop every step of the way, making everything smooth and easy to understand. I couldn’t recommend them enough — thank you so much, Nelson!

Eric

30 Sep 2025

As a first time buyer we were re…

As a first time buyer we were referred to MariannaFS. Milton and his colleagues have been incredibly supportive during the process. We are very happy with their support and services. I am very confident in that they always do an excellent job. Highly recommend their services

Bahman Tahir

29 Aug 2025

Milton has been an incredible he…

Milton has been an incredible help to our entire family with property advice and mortgage support over these months. He’s knowledge, honesty, and dedication truly set them apart. Every experience has been smooth and stress-free, and we always felt well looked after. We’re so grateful for their support and wouldn’t hesitate to recommend them to anyone looking for expert mortgage advice. Thank you

Cruz

1 Jul 2025

I had a great service from Milto…

I had a great service from Milton. My case was a difficult one, but he managed to get a mortgage offer for me as he promised. I was so nervous about going through the whole process by myself, but thanks to Milton's calm and professional attitude, it went all smoothly. I cannot recommend highly enough for his service.

Mioko Fujisaki

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