Contractor Mortgage Calculator
Are you a first-time buyer or looking for the best mortgage deal on your next property? Our experienced team of UK-based contractor mortgage advisers is ready to support you every step of the way, ensuring you find the ideal deal tailored to your needs.
We operate based on your day rate – no need for tax returns or accounts.
Complete the form today to find out how much you can borrow, and let us help you secure the best mortgage deal without delay.
Mortgage Options for day rate Contractors
It does not matter if you are contractor inside or outside of IR35. You’ve got choices!
We can help you get a mortgage whether you are contracting via a limited company, umbrella or PAYE. We can secure mortgages at fixed rates, variable rates, and special deals for first-time buyers or contractors aiming to remortgage their existing homes or buy another property.
First Time Buyer
Taking the plunge into homeownership? It’s a big step! But with our expert help for first time buyers, it’s easier than you think. Plan your budget, explore mortgages, and find your dream home!
Remortgage
Ready for a mortgage makeover? It doesn’t matter if you want to remortgage to snag better deals or cash in on your home’s value. Take control of your finances and save money along the way!
Buy to Let
Want to be your own landlord? Buy a property, rent it out, and watch the cash flow in! But remember, being a landlord has its responsibilities. Do your homework before diving in!
Why Choose Us?
Quick Approvals
Wait is over! Get fast mortgage approvals with Contractor Mortgage Solutions.
Friendly Support
Don’t stress about mortgages alone. We’re here to help you every step of the way.
Exclusive Deals
Unlock special mortgage offers you won’t find elsewhere with Contractor Mortgage Solutions.
Feel free to ask any questions
Call Us
+44 2038278560
Email Us
info@contractormortgagesolutions.co.uk
Address
31, Metro Centre, Dwight Rd, Northwood, Watford WD18 9SB
Mon-Fri (8:30am-7pm)
Sat-Sun (9am-5pm)
Contact Us
Thank you for your message!
We'll get back to you shortly.Compare & Find the Right Mortgage for You
Don’t settle for less—explore, compare, and secure the best mortgage deal tailored to your needs.
Mortgage Comparison
Find the Right Mortgage in Minutes
Finding the right mortgage can be overwhelming, but we make it simple. Our mortgage comparison tool lets you explore options from top lenders, ensuring you get the best deal for your situation. Whether you’re a contractor, self-employed, or a first-time buyer, you can compare interest rates, loan terms, and monthly payments all in one place. Get a clear breakdown of costs and repayment terms before making your decision. With tailored solutions for contractors, securing the right mortgage has never been easier.
Mortgage Quote
Personalized Mortgage Quote, Instantly
Want to know how much you can borrow and at what rate? Our mortgage quote tool gives you a quick, no-obligation estimate based on your income and financial profile. We specialize in contractor mortgages, ensuring you get access to exclusive rates designed for self-employed professionals.
With no impact on your credit score, you can explore your mortgage options with confidence. Get a personalized quote in minutes and take the next step toward securing your dream home.
Client testimonials
Fee Jav
Client
Fantastic service from Mo and his team at Contract Mortgage Solutions. They made my remortgage process easy and efficient. A real pleasure to deal with, and I highly recommend them as great mortgage brokers.
Goretty Dias
Client
Mo is extremely professional and has helped me with new and remortgage transactions over the past 3 years. Contract Mortgage Solutions is efficient, communicative, and resolves issues well. Highly recommend!
Layla De Freitas
Client
Mo and his team have provided our mortgage for 7 years, helping us remortgage 3 times. Mo goes above and beyond with in-depth market knowledge and excellent service, even with our changing plans. Thank you!”
FAQ’S
What is a buy to let calculator?
A buy to let calculator is a tool designed to help potential landlords estimate the financial aspects of purchasing a property to let out to tenants. It calculates key metrics such as potential rental income, expenses, and profitability.
How does a buy to let calculator work?
Users input various financial details such as property purchase price, rental income, mortgage interest rate, property management fees, insurance costs, and other expenses. The calculator then provides estimates of potential monthly cash flow, annual return on investment, and other relevant financial metrics.
What information do I need to input into the buy to let calculator?
You will typically need to input the following:
- Property purchase price
- Expected rental income
Can the calculator account for potential rental income fluctuations?
Some buy to let calculators allow you to input a range of potential rental incomes to account for fluctuations in rental rates. This feature provides a more realistic estimation of potential cash flow.
Is the calculator's estimate of profitability accurate?
The calculator's estimate of profitability is based on the information you provide. While it can give you a good indication of potential returns, actual profitability may vary due to factors such as vacancies, unexpected expenses, and changes in market conditions.
What are the key metrics provided by the buy to let calculator?
Key metrics typically include:
- Monthly cash flow
- Annual return on investment (ROI)
- Gross yield (annual rental income divided by property purchase price)
- Net yield (annual rental income minus expenses, divided by property purchase price)
- Loan-to-value (LTV) ratio
Can the calculator account for different mortgage products?
Yes, the calculator can usually accommodate different types of mortgage products, such as interest-only or repayment mortgages. Be sure to select the appropriate mortgage type when using the calculator.
How does the loan term affect the calculations?
The loan term affects both the monthly mortgage payments and the total interest paid over the life of the loan. A longer loan term typically results in lower monthly payments but higher total interest paid, while a shorter loan term has the opposite effect.