Two million are just one pay day from crisis
More than two million UK mortgage holders would be facing financial distress if their income
25 June 2025
We have a team on hand, waiting to help you. Enquire today and see how we can help!
At Appleton Mortgages, we recognise that the modern working landscape has changed, and so have we. We specialise in connecting contractors, freelancers, and the self-employed with mortgage providers who truly understand your unique work situation.
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Most lenders prefer at least two years of steady freelance income.
However, some can accept one year of income, especially if you’ve been in the same line of work for a while. The more stable your income, the better your mortgage chances. Having said this there are options where you may have just started freelancing however as long as you provide evidence of time in spent in the industry i.e experience in working paye previously to going freelance some lenders can consider.
We have a team on hand, waiting to help you. Enquire today about how we can help.
Our mortgage advisers work closely with you to save you time and give you the very best chance of a successful application.
During the application process, we’ll:
Once your mortgage has been offered, we’ll support you all the way through to completion.
We’ll work hard to build a lasting relationship with you, so you’ll always have someone you trust to help with any queries or requirements in the future.
Our approach focuses on understanding your unique circumstances and tailoring our advice to fit your specific needs.
With years of experience in the mortgage industry, we navigate the complexities of the market with ease.
Nothing is ever too complex for us! We thrive on finding solutions, whether you have a unique financial situation or specific requirements.
Lenders may be more likely to approve your mortgage application if you demonstrate a history of working in your industry.For example, if you’re recently started freelance consultancy having worked as an industry specialist for many years, your projected income may be more attractive to lenders.
This shows you have the skills and knowledge to maintain your freelance income long-term.
Taking time off when you want is one of the perks of being a freelancer or contractor. When it comes to applying for your mortgage it’s best to avoid too many gaps in the year up to applying for your mortgage.
If you have lots of gaps in your recent income lenders will view your income as less reliable and therefore reduce the amount they’re willing to lend. Each lender has their different risk appetite please consult with us to advise accordingly.
This can vary vastly from lender to lender. Some lenders will average out your yearly earnings over the past 2 to 3 years, others may choose the most recent rate you’re earning or the lowest rate you earn. If you have a day rate some lenders may calculate this out over a year to get an understanding of your earnings.
Monthly mortgage repayments vary, but to gauge an idea, you can use our FREE monthly mortgage repayment calculator.
There’s lots of numbers involved and calculations to do when dealing with finances, explore our free-to-use calculators to keep things simple.
Calculate what a monthly mortgage payment might look like for you.
At Appleton Mortgages, we’re committed to guiding you every step of the way, making the process as seamless and enjoyable as possible.
Understand our 8 step process, from having your initial chat to receiving your keys.
Contact us via phone, email, or our website to schedule your initial consultation. During this conversation, we’ll discuss your goals, financial situation, and any specific requirements you may have. This helps us understand how we can best assist you.
In our in-depth consultation, we’ll dive deeper into your needs and preferences. We’ll gather essential information, such as your income, credit history, and desired property type. This allows us to assess your mortgage options and outline a personalised plan.
Once we have all the necessary information, we’ll conduct thorough research to find the most suitable mortgage products for you. We’ll present our recommendations, explaining the benefits and potential drawbacks of each option, so you can make an informed decision.
After you choose a mortgage option, we’ll help you prepare your application. This includes gathering all required documents and ensuring everything is in order. We’ll guide you through the paperwork and clarify any questions you may have.
We’ll submit your mortgage application to the lender on your behalf. Our team will stay in close contact with the lender to ensure everything moves smoothly and address any queries that may arise during the process.
As your application is processed, we’ll liaise with estate agents and solicitors to keep everyone in the loop. This allows you to focus on your day job while we handle the running around and ensure all parties are aligned.
Once your application is approved, you’ll receive a formal mortgage offer. We’ll review the offer with you to ensure you understand the terms and conditions, and we’ll help you navigate the acceptance process.
Finally, once all legal work is completed and the funds are in place, your mortgage will be finalised. We’ll be there to support you through the completion, ensuring everything goes smoothly and you’re ready to move into your new home!
More than two million UK mortgage holders would be facing financial distress if their income
Affordability for first-time buyers (FTBs) reached its most favourable level in ten years last year,
According to Moneyfacts, the number of low-deposit mortgages available at 90% and 95% loan-to-value (LTV)
We offer face to face appointments in the areas where we have brokers. If you live outside of that area, we can still help you! We offer phone call and zoom appointments nationwide.
There may be a fee for arranging a mortgage and the precise amount will depend on your circumstances. This will typically be £295
Your home may be repossessed if you do not keep up repayments on your mortgage.
Appleton Mortgages Limited is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority.
Registered Office: Appleton Mortgage Limited,85 Great Portland Street, London, England, W1W 7LT. Registered Company Number: 15807713.Registered in England & Wales/Northern Ireland/Ireland/Scotland.