Unlock the Value in Your Home with Contractor-Focused Equity Release Solutions
Equity release lets you access the cash tied up in your home without having to sell it or move out. It’s an ideal way for contractors and self-employed professionals to release funds for investments, home improvements, or retirement, all while retaining full ownership of your property. With flexible options and expert guidance, we make unlocking your home’s value simple, safe, and stress-free.
Tailored Mortgage Solutions / Options / Types
Tailored Equity Release Solutions for Contractors
At Contractor Mortgage Solutions, we help contractors and self-employed professionals unlock the value in their homes through flexible, tax-efficient equity release options.
Whether you want to fund a new investment, support your retirement, or simply enjoy more financial freedom, we ensure your plan is designed around your day rate and contract income, not traditional employment criteria.
Lifetime Mortgage
A lifetime mortgage allows you to release tax-free cash from your home while retaining full ownership. You can choose to make monthly interest payments or let the interest roll up, giving you complete control over your finances while keeping your home as your own.
Drawdown Lifetime Mortgage
If you prefer flexibility, a drawdown lifetime mortgage lets you release equity in stages rather than taking it all at once. It’s ideal for contractors with evolving income patterns, giving you the ability to access funds as and when needed, and only pay interest on what you use.
Home Reversion Plan
A home reversion plan lets you sell a portion of your home’s value in exchange for a tax-free lump sum or regular payments while retaining the right to live there rent-free for life. It’s a suitable option for those seeking long-term financial security and peace of mind.
We work with more than 120 mortgage lenders, including:
We Operate Based on Your Day Rate
We specialise in securing equity release solutions for contractors based solely on their contract earnings, with no need for traditional accounts or tax returns. Over the years, Contractor Mortgage Solutions has helped countless contractors unlock the value tied up in their homes to support retirement, fund investments, or simply enjoy greater financial flexibility. We partner directly with specialist lenders who understand the contracting lifestyle, ensuring your home’s equity works for you through tailored release options that aren’t typically available on the high street.
Estimate How Much Equity You Could Release
Use our equity release calculator to get an instant indication of how much tax-free cash you could unlock from your property.
The calculator provides an estimate only ,your actual amount will depend on your age, property value, and remaining mortgage balance.
For a personalised assessment based on your contract income and future financial goals,
speak with one of our specialist advisers today.
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Please provide your details to see your mortgage calculation resultsYour Estimated Borrowing Amount
Please note, that this calculator only provides indications of possible borrowings.
Contact us for a free bespoke contractor mortgage recommendation.
Ready to Unlock the Value of Your Home?
Equity release can give you access to the wealth tied up in your property ,without selling your home. Whether you want to supplement your retirement income, fund home improvements, or support loved ones, we’ll guide you through flexible options designed for contractors. Our experts help you explore lifetime mortgages and other release plans based on your contract income, ensuring your financial freedom without disrupting your current lifestyle.
Compare & Find the Right Mortgage for You
Don’t settle for a one-size-fits-all plan ,explore, compare, and secure the best equity release solution designed for your lifestyle and goals.
Mortgage Comparison
Find the Right Mortgage in Minutes
Releasing equity is a big decision, and comparing the right plans makes all the difference. Our comparison tool lets you explore offers from trusted UK lenders, helping you understand interest rates, lifetime terms, and repayment options in one place. Whether you want a lump sum or flexible drawdown, we help you identify a plan that protects your home’s value and supports your long-term financial strategy.
Mortgage Quote
Personalised Mortgage Quote, Instantly
Curious how much tax-free cash you could release from your property? Our quick quote tool provides an instant, no-obligation estimate based on your property value, age, and contract income. With no impact on your credit score, you can confidently explore your options and see how much equity you could access while keeping full ownership of your home.
Why Choose Contractor Mortgage Solutions for Your Equity Release?
Testimonials
Richard P.
IT Contractor, Manchester
CMS made what seemed like a complicated process incredibly straightforward. As a self-employed contractor, I didn’t think I’d qualify for equity release, but they explained everything clearly and secured a great plan for me.
Sarah M.
Engineering Consultant, Birmingham
The team’s knowledge of contractor income structures really stood out. They understood my day rate setup and found an equity release deal that worked perfectly for my situation.
Mark D.
Project Manager, Bristol
I was nervous about tapping into my property’s equity, but CMS guided me through every detail. The process was transparent, and I felt confident at every step.
FAQ’s
Can contractors qualify for equity release if their income fluctuates?
Yes ,at Contractor Mortgage Solutions, we work with lenders who understand the unique nature of contract-based income. Instead of relying on traditional payslips or company accounts, they assess your contract rate and overall financial stability. This means your eligibility for equity release reflects your real earning potential, not just your last tax return.
What’s the difference between a second mortgage and equity release?
A second mortgage is typically used when you’re still repaying your main mortgage and want to borrow more against your home’s value. Equity release, on the other hand, is usually for homeowners aged 55 and above who want to unlock tax-free cash from their property without monthly repayments. The amount released is repaid when you sell your home or pass away.
How does equity release work for self-employed or limited company contractors?
Equity release for contractors is structured around your contract income, not your business accounts. Our advisers present your day rate and contract history in a way lenders understand, helping you unlock property wealth without the barriers often faced by self-employed applicants.
Will releasing equity affect my tax position or benefits?
Equity release funds are generally tax-free, as they’re considered a loan rather than income. However, it can impact your eligibility for means-tested benefits. Our advisers provide clear, personalised guidance before you proceed, ensuring you understand both the short- and long-term financial implications.
Can I still move house after taking out equity release?
Yes ,most modern equity release plans offer portability, meaning you can transfer your plan to a new home if it meets your lender’s criteria. This flexibility allows contractors to relocate or upgrade properties without losing the benefits of their existing equity release agreement.
Are there risks involved with equity release?
While equity release can be an excellent financial tool, it’s essential to understand the implications. It can reduce the value of your estate and the inheritance you leave behind. That’s why at CMS, we offer regulated, transparent advice to help you make an informed decision based on your financial goals.
How quickly can I access funds from an equity release plan?
Typically, once your application is approved and legal checks are complete, funds can be released within 4–6 weeks. Our team streamlines the entire process ,from lender matching to legal coordination ,to ensure a fast and hassle-free experience.
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