Contractors
Paid via day rate contract? This could be a suitable option for you to be assessed on day rate rather than your tax calculation - this will often allow you access to a much higher mortgage loan and open doors to higher value properties that may not have been in reach via a different assessment type.
Examples of occupations; Make-Up Artists; Actors / Voice over actors ; IT Contractors; Lawyers; Locum Doctors;
With significant experience in Contractor Mortgages - MV1 Mortgages Ltd is a great place to start
CIS Works
Construction Industry Workers who are self-employed can be eligible to be assessed based on their payslips rather than 2 years Tax Calculations
This can allow access to mortgage lending sooner and often for a higher loan amount to
To find out more - enquire today.
Debt Consolidation
Debt Consolidating is the raising of funds on your mortgage loan normally at a lower interest rate with an agreement to clear debts.
This involves complicated calculations to clarify the interest cost of adding the debts to the mortgage loan which is often paid over a much longer period than e.g. a loan might be.
Pros of Debt consolidation are that you may decrease your monthly outgoings as mortgage rates are normally lower than unsecured debt interest rates however the con is as above due the long-term nature of a mortgage you may pay the debt across a much longer period which can cost you more money in interest overall.
Limited Company Buy To Let
With changes to Income Tax - being a higher rate tax payer and investing in buy to let has become less profitable
With this in mind many investors have turned to limited company buy to let investment due to tax savings
MV1 Mortgages Ltd cannot provide you with tax advise and you should discuss your tax position with a qualified Tax Professional but MV1 Mortgages Ltd can provide you the cost of each to allow you to discuss and confirm the best option for you with you tax specialist
Multi Unit Freehold
Many freehold houses owned by investors have been separated into 2, 3, 4, 5 or even 6 self contained flats.
The owners have not split the titles so they are all held on the same legal title
The majority of high street lenders will not accept this type of application - however due to the panel of lenders MV1 Mortgages Ltd have available we are confident to act for clients that require finance on properties set up like this.
Adverse Credit History
Adverse credit refers to a history of financial missteps that negatively impact your credit profile. It’s a term lenders use when someone has struggled to repay debts on time, making them appear riskier to lend to. What Counts as Adverse Credit? Missed or late payments on loans or credit cards; Defaults (when you fail to repay a debt entirely); County Court Judgments (CCJs) in the UK; Bankruptcy or debt relief orders; High credit utilisation or maxed-out credit cards. This can make approvals for mortgage applications more difficult to obtain; Or you may be offered higher rates of interest.
Adverse credit information typically stays on your credit report for six years in the UK—even if the debt is later repaid
Bridging Loans
Bridging loans are short-term, secured loans designed to “bridge the gap” when you need quick access to funds—typically during property transactions. They’re especially useful when you're buying a new property before selling your current one.
Bridging loans are commonly used for; Buying a property before selling your current one; Fixing a broken property chain; Purchasing at auction (where fast payment is needed); Renovating a property before refinancing or selling
Interest Only
An interest-only mortgage is a type of home loan where you only pay the interest on the amount borrowed each month, rather than repaying the capital as well. This typically results in lower monthly payments during the mortgage term. However, at the end of the term, the full loan amount must be repaid in one lump sum, meaning borrowers need a clear repayment strategy—such as savings, investments, or selling the property—to cover the outstanding balance. Interest-only mortgages can offer flexibility but come with increased long-term financial risk if not managed carefully.
Modern Auction Purchases
Modern auction, also known as the Modern Method of Auction, is a flexible and accessible way to buy and sell property. Unlike traditional auctions, it allows buyers to bid online over a longer timeframe—typically 28 days—making it more convenient for residential buyers. Once the winning bid is accepted, the buyer pays a reservation fee and has a set period (usually 56 days) to complete the purchase, giving time to arrange finances such as a mortgage. This method aims to combine the speed and transparency of auction with the flexibility of a private sale.
Concessionary Purchases
A concessionary purchase is when a property is sold to a buyer at below its market value, often as a favour or gift from a family member, landlord, or employer. The difference between the sale price and the market value is known as the discount or concession. These types of purchases can help first-time buyers or family members get onto the property ladder more easily. Mortgage lenders may still consider the full market value when assessing the loan, but they will usually require clear documentation of the concession and may treat it as a gifted deposit.
Joint Borrower Sole Proprietor
A Joint Borrower Sole Proprietor (JBSP) mortgage allows multiple people to be named on the mortgage but only one person—the sole proprietor—is listed on the property deeds. This arrangement is often used when a family member, such as a parent, helps a relative buy a home by contributing to the mortgage without having a legal claim to the property. It can boost affordability for the main borrower while avoiding potential second home stamp duty charges for the supporting borrower. JBSP mortgages can be a useful solution for first-time buyers needing financial support.
Foreign Nationals
Mortgages for foreign nationals are designed to help non-UK citizens purchase property in the UK. While eligibility criteria vary by lender, applicants typically need to provide proof of income, residency status, and a valid visa or work permit. Some lenders may require a larger deposit—often 25% or more—and may place restrictions on the type of visa held. Foreign nationals living and working in the UK on a long-term basis, particularly with a good credit history, are more likely to be approved. Specialist mortgage brokers can assist in navigating the specific requirements and finding suitable lenders.
Development Finance
Property development finance is a specialized form of funding designed to support construction, renovation, or conversion projects. Whether you're building from scratch, refurbishing a property, or converting a commercial space into residential units, this type of finance helps bring your vision to life.
