Mortgages for Freelancers


Being a freelancer shouldn't stop you getting the right mortgage.

Becoming a freelancer takes guts! The freedom, flexibility and financial benefits it offers can be priceless, but it does come with some difficulties, including getting a mortgage.

At FreelanceUK, we’re committed to providing the best possible products & services for our visitors and that is why we have teamed up with CMME; one of the UK’s leading mortgage specialists for contractors, freelancers, and self-employed professionals.

As a freelancer, getting a mortgage can be challenging. Lending criteria in the UK has not kept pace with the changes in working styles. CMME have found that most lenders make it much more difficult for freelancers to access mortgage finance. As a result, you could end up with a loan that doesn’t reflect your true borrowing potential; with an interest rate that penalises you for working on a freelance basis.

CMME are able to help freelancers when it comes to obtaining a mortgage because of the bespoke underwriting that they have agreed with a wide range of comprehensive lenders. CMME understand your employment status and the way in which you are paid. 

So, whether you’re interested in buying a new home, remortgaging or a buy-to-let property CMME can help.

  • Borrow up to 5 x your annualised income
  • Some of the most competitive rates in the market
  • Deals designed exclusively for freelancers
  • Experts in complex income
  • 93% of client applications are successful
  • CMME has helped over 25,000 clients get the mortgage they deserve

Having helped thousands of independent professionals obtain the mortgage funding they require, CMME are ready and able to help you finance your new home or property. Simply fill in the form below to get the process started or visit CMME


Mortgage Guides and Tips for Freelancers


CMME’s experienced advisers answer some of the most frequently asked questions on mortgages for freelancers.
If you need more information, check out this handy five step guide to help you get through the process of getting a mortgage as a freelancer.
Work out how much your monthly payments and total cost of the loan could be on both a repayment and interest only mortgages


Top Mortgage Tips


1. Ensure your cv is up to date
Make sure you have a copy of your most recent cv to hand when putting together your mortgage application. It’s important to be able to show lenders not only how much income you have, but also how long you have remaining on your jobs.

2. Avoid lengthy breaks between jobs
There are many perks to working as a freelancer, not least being able to take breaks between jobs should you wish to. This is great for holidays or similar. However, you should try and avoid taking breaks of anything more than 6-8 weeks. This is because lenders want to see consistent income and contracts stretching back 12-24 months prior to your mortgage application – long gaps between receiving income payments are not viewed favourably.

3. Be realistic about your repayments
A common mistake many professionals make when searching for a freelancer mortgage is being unrealistic when it comes to estimating their repayments. It’s really important when putting your mortgage application together that you make sure the repayments you commit to are going to be affordable for you.

4. Have at least a 10% deposit
Most lenders will require you to have a good-sized deposit when you apply for a freelancer mortgage. Not so long ago it was possible to secure a mortgage with just a 5% deposit, but those days are gone now. Ideally, you should aim to have at least a 10% deposit ready to pay upfront.

5. If suitable, look for mortgages that allow additional payments
Some freelancers may find themselves with more money than they need on a regular basis thanks to high-value or frequent jobs. If this sounds like you, you should try to find a mortgage that allows you to pay chunks off in addition to your regular monthly repayments. This will enable you to take maximum advantage of your position and pay-off more of your mortgage quicker.


Mortgage Lenders for Freelancers



Mortgage Deals of the Week

Check out the mortgage deals of the week here.


FreelanceUK are not authorised to offer regulated mortgage advice. FreelanceUK are introducers to CMME.

Your home may be repossessed if you do not keep up repayments on your mortgage.

CMME is a trading name of CMME Mortgages and Protection Limited. Authorised and regulated by the Financial Conduct Authority (FCA reg. 414798). Registered in England No. 04886692. Registered Office: Albany House, 5 Omega Park, Alton, Hampshire, GU34 2QE. Please be aware that Commercial Mortgages, Overseas Mortgages and some Buy To Let Mortgages are not regulated by the Financial Conduct Authority. Calls may be recorded for training and security purposes and to improve the quality of our services.