TV and Film Industry Mortgage In The UK
"I'm a Specialist Mortgage Advisor who can help your property dreams come true."
Ross McMillan
Blue Fish Mortgage Solutions
As a former estate agent of almost 15 years, I now use my vast experience, insider knowledge and access to dozens of lenders to help people like you:
- Secure the right mortgage for your circumstances.
- Successfully master the Scottish property buying process from start to finish.
- Achieve your property ambitions - however big or small
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Are you a freelancer, contractor, or creative professional in the TV and film industry wondering if you can get a mortgage in the UK? You’re not alone! Many in the industry face challenges when dealing with lenders due to irregular income and short-term contracts. The good news? It’s absolutely possible to secure a mortgage—if you know how.
For TV and film professionals, the road to homeownership can feel like navigating a maze. With irregular income, short-term contracts, and unpredictable work schedules, the process of securing a mortgage may seem daunting—but it doesn’t have to be. The right preparation and expert advice can make all the difference.
In this guide, we’ll explore the most pressing questions creative professionals face when applying for a mortgage in the UK, and provide actionable insights to help you succeed.
Can I Get a Mortgage with Irregular or Freelance Income?
Yes, you can! Many lenders understand the unique income patterns of TV and film professionals. While traditional lenders might be cautious, there are specialist mortgage providers who cater to freelancers and contractors. The key is proving your income is steady, even if it comes from multiple sources.
What Documentation Do I Need to Prove My Income?
Proving your income as a TV or film professional may require more paperwork than a typical 9-to-5 applicant. Here’s what most lenders ask for:
- Recent bank statements
- Contracts for completed and upcoming projects
- Tax returns (SA302 forms) and/or payslips and P60s evidencing your income.
- Professional CV demonstrating a history in your role/industry.
This paperwork helps show lenders that your income, though variable, is reliable.
How Many Years of Income Evidence will I require?
Most lenders will typically want to see at least two years of experience in the TV and film industry to assess your reliability as a borrower. Depending on your circumstances, you may need to provide at least three months’ worth of payslips or invoices to demonstrate recent income. However, some lenders might request a full year’s documentation to get a clearer picture of your earning consistency.
If you’re primarily self-employed, it’s likely you’ll need to provide two years of tax returns as evidence of your income. Beyond historical earnings, having a strong track record and signed future contracts can positively influence how lenders view your application.
For those new to the industry, it’s crucial to focus on establishing your earning potential. Building a steady and documented income over time will strengthen your position for future mortgage applications.
Are There Specialist Lenders for People in the TV and Film Industry?
Yes! Certain lenders specialise in mortgages for freelancers, contractors, and those with non-traditional incomes. These lenders take a more flexible approach, understanding the highs and lows of creative industry work.
A mortgage broker with expertise in the creative industries can connect you with these lenders.
Does My Role Within the UK TV & Film Industry Matter When Applying for a Mortgage?
Yes, your role within the UK TV and film industry can influence your mortgage application, but not in the way you might think. Lenders aren’t concerned with your specific job title—they’re more interested in how you earn, the consistency of your income, and how well you can document it. That said, certain roles may have income structures (e.g., project-based, freelance, or short-term contracts) that require additional steps to demonstrate financial stability.
Here are 20 key freelance roles in the UK TV and film industry, with insights on how your role might impact your mortgage application:
Top 20 Freelance Roles in the UK TV & Film Industry
- Camera Operator – Often project-based; lenders may require contracts and invoices.
- Editor – Regular work on multiple projects can demonstrate steady income.
- Cinematographer/Director of Photography (DoP) – High-value contracts can boost your application.
- Sound Designer/Engineer – Consistent bookings across projects are beneficial.
- Production Designer – Long-term assignments on major productions are a plus.
- Scriptwriter – Lenders may look for evidence of royalties or long-term agreements.
- Costume Designer – Periodic work is common; strong financial records help.
- Make-Up Artist/Hair Stylist – Regular bookings and client contracts show reliability.
- Producer/Line Producer – High earning potential can make your case stronger.
- Animator/VFX Artist – Freelancers with multiple clients may need to consolidate income proof.
- Lighting Technician – Frequent gigs can establish a steady income flow.
- Set Designer – Seasonal work patterns may require detailed income evidence.
- Stunt Coordinator – High-value contracts can work in your favor.
- Props Master – A mix of short and long-term projects requires careful income documentation.
- Location Manager – Contracts for ongoing productions provide strong evidence of income stability.
- Production Coordinator – Often project-based but with consistent roles available.
- Boom Operator – Regular gigs are key to showing steady earnings.
- Director – Irregular but high-paying projects may require careful documentation.
- Actor/Performer – Unpredictable income may need additional contracts or future bookings to support your application.
- Casting Director – A mix of freelance and consulting roles can demonstrate income reliability.
Will Short-Term Contracts or Inconsistent Employment History Affect My Application?
Short-term contracts or gaps between projects don’t have to be a dealbreaker. Many lenders look at your overall earnings over 12-24 months rather than your month-to-month income. Showing a consistent pattern of work and income is more important than having a perfect timeline.
In general, there’s no need to worry—short-term contracts and employment gaps are common in your industry and don’t necessarily harm your application. Lenders will:
- Focus on your overall income trends rather than individual gaps.
- Consider the consistency of your work over a longer period (e.g., 1–2 years).
- Take into account any upcoming signed contracts.
Highlighting your ability to consistently secure work can go a long way in reassuring lenders.
Can I Use Future or Anticipated Income to Qualify?
Some lenders may consider signed contracts for upcoming work, especially if they demonstrate a steady income flow. Be prepared to provide detailed documentation, such as contract terms and payment schedules, to strengthen your case.
In many cases. lenders may consider signed contracts for future projects, particularly if they show a steady income pipeline. To use future income:
- Provide signed contracts with clear payment terms.
- Offer additional context, such as the reputation of the client or production company.
While speculative earnings won’t count, guaranteed income can strengthen your application.
How Much Deposit Do I Need for a Mortgage?
For freelancers, a larger deposit may help offset any perceived risk. While the minimum deposit is typically 5-10%, putting down 15-20% can make your application more attractive and may even secure you a better interest rate.
Speak to an expert!
Contact me, Ross McMillan, the owner of Blue Fish Mortgage Solutions today for expert advice and guidance on your unique mortgage and property needs. I will work with you one-on-one to help you find the right solution for your specific needs. With my expertise and industry connections, you can rest assured that you are in good hands when it comes to securing the financing you need for your property.
Does My Credit Score Affect My Chances More as a Freelancer?
Yes, your credit score plays a critical role, especially if your income isn’t conventional. A strong credit score reassures lenders that you’re a responsible borrower. To boost or maintain your score:
- Pay bills and debts on time.
- Avoid maxing out your credit cards.
- Regularly check your credit report for errors (and dispute any inaccuracies).
Lenders are more likely to overlook fluctuating income if you have an excellent credit profile.
What Can I Do to Improve My Chances of Mortgage Approval?
Follow these steps to put yourself in the best position for approval:
- Save a larger deposit: Aim for 15–20% to strengthen your application.
- Keep detailed records: Organised tax returns, bank statements, and contracts are essential.
- Work with a specialist broker: They can identify lenders that understand your industry.
- Build your credit score: Start early to ensure it’s in good shape.
- Prepare to explain your income: Be ready to discuss how you manage finances during slower periods.
Ready to Take the Next Step?
Navigating the mortgage process as a TV or film professional doesn’t have to be stressful. With the right preparation and support from a specialist mortgage broker, you can secure a deal that works for your unique circumstances.
Don’t let irregular income stop you from buying your dream home! With the right approach and expert advice, TV and film professionals can secure mortgages that work for their unique circumstances.
Looking for tailored help? Get in touch today to connect with a specialist mortgage advisor who understands your industry.
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Hopefully the above information has been useful but if you have any other questions or are ready to start your own property journey now, please fill in the enquiry form and we will get in touch!
This article is intended to be a generic overview and each individual situation will need to be considered carefully, with the final decision being down to the lender.
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