Contractor Mortgages Made Easy (CMME) are delighted to announce that Metro Bank are the latest bank to join the ranks of contractor-friendly lenders.

Metro Bank made a sensational entrance into the world of UK financial services in 2010, when they became the first new High Street bank to be granted a licence in 150 years. They have now entered the Contractor Mortgage market and can accommodate most tax structures operated by UK contractors.

Click here to calculate how much you could borrow as a contractor

Features of Metro Bank’s contractor lending criteria include the following, subject to individual underwriting:-

  • Current Contract rate can be annualised over 46 weeks to define income
  • Typically only require 12 months contracting experience (but can consider less on an individual basis)
  • No minimum contract value required
  • Most remuneration structures accepted (e.g. umbrella / payroll companies, limited companies, etc)
  • Low deposit options available for purchase of newly built apartments (typically 25% as a minimum with most lenders)

To establish whether your circumstances qualify for Metro Bank’s contractor mortgage options, click here to speak with a contractor mortgage consultant.

Our Accountancy Packages

Choose from a choice of three fixed-fee packages, each one designed to suit how 'hands-on' you would like to be in the day-to-day administration of your company.

Standard Package

Provides all key Limited Company support services that an experienced contractor requires - ensuring low costs but leaves you with the responsibility of making all HMRC payments.

+VAT/month Find out more >>

Standard Plus Package

All the benefits of our Standard Package plus Initial IR35 Contract Review, Annual Tax Planning Review and Second Shareholder Personal Tax Return.

+VAT/month Find out more >>

Premier Package*

Our most popular service, 83% of our clients enjoy the all- inclusive support that this option provides. We take care of everything on your behalf – you won’t find a more complete service anywhere.

+VAT/month Find out more >>