Yes, you can get a mortgage as a freelancer! It’s just a more complicated process compared to someone who’s full-time employed, and you’ll need to go to the right lender. That’s because it can be harder to prove your income compared to someone who can just give a lender three months’ payslips. Often, you’ll have to jump through a few more hoops to convince lenders you should be accepted for a mortgage. Annoying!
As a freelancer, your income isn’t as predictable as someone on a 9-5 with a single company. Sometimes it might change month to month, but this shouldn’t mean that you can’t get on the property ladder. Often, freelancers can earn MORE money than if they were on a salary, which should mean you’re more attractive to mortgage lenders. But a lot of mortgage lenders just aren’t set up to deal with complex incomes.
But not all lenders! There are specialist mortgage lenders out there who understand freelancing and are willing to grant a mortgage to people who work in this way. Most of the specialist lenders only work through mortgage brokers, that’s why it’s a great idea to work with a specialist broker who understands your situation. Someone who does this day in, day out and knows the right lenders and mortgages suitable for you. Make an enquiry to get matched with a broker who can help you.
We get how it feels when you’re refused a mortgage. We’ve been there. Haysto exists because the mortgage world is broken. If you don’t have a shiny credit rating, you’re self-employed with a complex income, or just don’t fit the mould, the odds are completely stacked against you. We just don’t think that’s fair.
Unlike others, we only work on bad credit, self-employed and complex mortgages. That’s all we do. And we’re up for a challenge.
No robots, no automated answers. We use technology to connect you to a real person. Not replace them.
We only get paid when your mortgage is approved.