Prepare the file

Consultant mortgage evidence

Consultant can mean a PAYE employee, a contractor or a director. The word is not the evidence. The contract is.

Current contractClient, rate, start and end. An expired contract should be marked expired.
IR35 or off-payroll status, if it appliesInside and outside are documented differently. Do not guess the status on the form.
Expenses recharged to the clientTravel billed on top of the rate is not extra income.
Previous contracts in the same fieldThey show whether this contract continues a pattern.
Limited company accounts, if you have themIf you invoice through a company, use the director list as well.

What this page will not do

A retainer and a day rate are different shapes of income.
A contract in a spouse's company is not your income unless you can show the work and the pay.
It will not name a lender, a product, or an approval chance.

Questions

Should I open the contractor page?: Yes, if the engagement is a fixed day rate with an end date. This page is the wider consulting file.
Do lenders ignore IR35?: No single answer exists here. Different lenders may assess this differently.

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The matching service is free for you. Partner brokers pay MortgageConnector for introductions. If you ask for an introduction, the details you submit are shared with the selected partner. The broker is responsible for regulated advice. Check the firm on the FCA Register.

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

These figures are illustrative.

An FCA-authorised broker can look at the actual income, credit and property. MortgageConnector introduces you. We do not choose the mortgage.

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