Helping Contractors Get The Best Mortgage Possible

Contractor Mortgages

Jones and Young are contractor mortgage specialists with over ten years of industry experience

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We can use your CIS statements as pay slips using the gross pay if you are in the construction industry and get paid via the CIS scheme. This means you can be tax efficient, claim your rebate and still get the mortgage loan you deserve. You only need to have been trading for 3 months but are required to have two years of industry experience as an employee or self-employed.

Why not request a call back and speak to our team today


Contractors/ Freelancers

If you're a day rate contractor, we can use your daily contract rate rather than your taxable income. This means you can borrow using your gross pay and using your contract as income proof. Most lenders will require three or more months of contractor experience but a couple of lenders only require one month of contractor experience if you have two years of industry experience in the same line of work. No need to pay more tax if you are approaching a higher rate personal tax band.

Why not request a call back and speak to our team today


Umbrella Contractors

If you are a contractor paid via an umbrella company, we can use your contract and pay slips to secure you a mortgage. The same rules apply to you as they do to any contractor; you just can't use an offshore umbrella company. The lender will use your contract rate to calculate income. This often saves Limited Company Directors from having to pay higher personal tax bills in order to secure a mortgage.

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Day One Contractors

As contractor specialist, we have a couple of contractor-friendly lenders that only require one-month of contractor experience if you have two years of industry experience in a similar field. The lender will want to see your first month's payment on your bank statements and use the current contract as income proof. As a contractor, you get treated differently than ordinary self-employed people. Due to your current contract, the lender can use this income for affordability. The main advantage is that we don't use your taxable income, only your current contract gross day rate to calculate how much you can borrow.

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Mark Jones

Welcome To Jones & Young Mortgages

Professional mortgage advisers with years of experience helping contractors get the mortgage they deserve without increasing their taxable income to get the mortgage they want. To calculate your contractor income, lenders use the formula:

Gross Day Rate x days in week worked x 46 or 48 weeks = annual income lenders will use. Some lenders use 46 weeks and others 48 weeks to calculate the annual income.

View our contractor mortgage calculator.

As specialist brokers and contractor specialists, we’ll find you the most competitive mortgage deal and present your income to a contractor mortgage lender in the right way. Our high-street lenders can use your retained profits, net profits or gross day rates. Instead of the average two years of company accounts, we only need 1 to 3 months of contractor experience. This is significantly less than the 12 to 24 months most self-employed people are required to provide. Our contractors are treated differently during the application process as we use your contract as income proof, rather than your self-assessment tax return or limited company accounts.

At Jones and young, we’ve secured hundreds of mortgages for contractors over the past few years and offer a whole of market approach. Not only does this ensure that they’re able to access the mortgage deals they need, but we can make this happen without delays and with consistently reliable outcomes.

Secured 100s Of Mortgages For Contractors

Gross Day Used For Affordability

Whole Of Market Access

Secure The Mortgage You Deserve

We have years of experience in helping contractors find excellent mortgages. Even if you’ve previously used another mortgage lender, we may offer a fresh perspective and find a better deal. Our experts will help assist with your mortgage application from the start to the end, all whilst offering helpful advice wherever needed. All interest rates are competitive, mainly from high street banks and building societies.

Building You A Brighter Future

Jones and Young act as the bridge between customers and the mortgage companies that can help them. Many lenders only deal with brokers like us, meaning a wider choice of available options. He’ll help ensure that you meet the contractor mortgage criteria, complete the mortgage application correctly and get the best deal possible. 

We can help limited company contractors or sole trader/self-employed contractors.

Our Reviews

"Thanks Mark for doing such a great job in getting us our mortgage. It wasn't a straight forward situation and your expertise was vital in allowing us to purchase our new home."
Neil Kerr
"Mark has been great, helped me understand each stage and explained it clearly. Responds quickly. Very happy indeed and would definitely recommend!"
Sonia Hickman
"Professional and friendly, great service. Thank you for your help with my mortgage during a very challenging year."
Shahid Rahman
"As first time buyers, finding offers was incredibly tough. Richard went out to individual lenders and created a bespoke offering tailored to us. The communication was crystal clear and he was always available. Impeccable service!"
Adam West
Up To 95% Loan To Value (LTV)

Loan to Value(LTV) options typically up to 95%

Trusted Advice

Clear and concise advice about the best options for your needs.


Helping customers cut through the noise to understand things their way.

Save Money

The difference between how your income is calculated can save you thousands.

Specialist Rates From Mortgage Market

Most competitive rates ensure the best price for customers

Helping Customers Secure The Homes They Deserve

A contractor mortgage can be confusing at the best of times. With various different ways to prove your income, even some mortgage lenders can find it confusing. Our role is to deliver fast, clear and straightforward advice about the best options for your goals and personal circumstances.

If you’re looking to buy your first home, home mover mortgages, secure a re-mortgage, or raise money for home improvements or debt consolidation, we can help. With decades of industry experience, you can be sure we’ll help secure some of the most competitive contractor mortgages.

How many mortgages Jones and young have completed


Helping professional contractors, freelancers, and CIS subcontractors navigate the mortgage process and get the best possible deal by arranging mortgages using your annualised contract rate.

Contractor Mortgages FAQs:

We’ve done our best to try and answer some of the most frequently asked questions about contractor mortgages below:

This type of mortgage is secured based on your gross contract day rate, not your accounts. Find out more information with our helpful guide: Mortgages For Contractors: Everything You Need To Know

Yes, it’s definitely possible to get a mortgage as a contractor! Here at Jones and Young, we specialise in getting contractors the mortgages they desire. If you’re interested in mortgage advice, please contact one of our mortgage professionals.

Yes, it is possible. You will usually require a minimum of 1 to 3 months completed on your first contract. In addition to this, your mortgage lenders may require other paperwork, such as identification and credit score.

Yes, as a contractor, the normal rules of self-employment don’t count. As the lender uses the contract as income proof, you do not need the normal 12 to 24 months self-employed trading history. You will need two years of industry experience in the same line of work.

Your Trusted Team Of Experts

Mark Jones

Mark Jones is a professional mortgage adviser with over ten years of experience helping construction industry scheme workers get the mortgage they deserve.

Richard Young

Richard Young is an expert in helping older clients achieve better lifestyle options with the use of a lifetime mortgage and later life lending options.