Mortgages for tradespeople
Mortgages for tradespeople
Electricians, plumbers, plasterers, painters, mechanics, joiners and roofers often have income that is self-employed, subcontracted or seasonal. Tony helps tradespeople across Scotland compare mortgage options from over 100 lenders and explains what lenders may want to see.
Talk to TonyAt a glance
- Advice for tradespeople across Scotland
- Access to 100+ lenders and around 28,000 deals
- Rated 5.0 from 235+ Google reviews
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Choose your trade
Pick your trade for advice that fits, or get in touch if yours is not listed. Tony helps all trades.
What lenders may look at
- Employed tradespeople are usually assessed on payslips.
- Self-employed tradespeople are usually asked for two to three years of accounts or tax calculations.
- Subcontractors may be asked for CIS statements and tax returns.
- A good credit history and a clear record of income can widen your choice of lenders.
Meet your adviser
Hi, I'm Tony Flynn
I'm a mortgage and protection adviser based in Carluke, helping people across Lanarkshire and Scotland.
I've spent 15+ years in finance and have been named Mortgage Professional of the Year at the Prestige Awards Scotland five years in a row. I'll explain your options in plain English so you know exactly where you stand.
Tradesperson mortgage questions
Can tradespeople get a mortgage?
Yes. Whether you are employed, self-employed or a subcontractor, Tony can search lenders whose criteria suit how you are paid.
How many years of accounts do I need as a self-employed tradesperson?
Many lenders ask for two to three years of accounts or tax calculations, although some may consider one year in the right circumstances. Tony can advise on your situation.
Does the Construction Industry Scheme affect my mortgage?
If you work as a CIS subcontractor, lenders may ask for your tax return and payment statements. Tony can explain what to gather before you apply.
Do you charge a fee for mortgage advice?
There may be a fee for mortgage advice. The amount depends on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. We will explain this before you commit.
Can you help with protection as well as a mortgage?
Yes. Tony can also advise on life insurance, critical illness cover and income protection alongside your mortgage.
Related pages
More advice for people in similar situations.
Ready to talk it through?
A quick chat with Tony is a good first step. No jargon, no pressure.
Talk to Tony