RESIDENTIAL MORTGAGES
Film Set Workers
Tailored mortgage advice for professionals working across film, TV, and production industries.
INDUSTRY SPECIFIC EXPERTISE
Day Rate Lending for Film & TV Professionals
In the film industry, we understand that you work from set to set and, once qualified and experienced, transition onto a day rate, as is common amongst experienced professionals within the industry.
At HCF, we explain your situation clearly to banks and building societies in order to maximise your borrowing potential, ensuring that your day rate is considered rather than solely what is declared through limited company accounts.
The principle of day-rate lending is generally calculated using your daily rate multiplied across a five-day working week and projected over 46 weeks of the year. Lenders will also typically look for continuity of contracts. However, by using the wrong broker, you could miss out on maximising your affordability.
We have successfully secured borrowing for a number of professionals within the film industry, ensuring that those paid on a day-rate basis, even with breaks between contracts, are not penalised when it comes to accessing home ownership.
CLIENT SUCCESS STORY CASE
Supporting Film Industry Professionals
We supported a client working within the film industry on a day-rate basis across multiple film sets. Although the client had strong historical experience, there had been a three-month break between contracts before returning to work ahead of a new six-month project at £500 per day.
Traditional affordability assessments based on limited company accounts did not support the borrowing required for the client’s new home purchase.
Situation & Challenge
Our specialist broker reviewed the wider lending market to identify lenders experienced in assessing contract-based income. Rather than relying solely on limited company accounts, we presented the client’s historical industry experience, contract continuity, and confirmed future earnings.
This allowed the lender to gain a clearer understanding of the client’s true income position and overall affordability.
Our Solution
Through our specialist lender relationships and detailed case presentation, we secured approval outside of standard lending policy using the client’s day-rate income. The lender was able to assess the strength of the client’s ongoing contracts and future earning potential.
This enabled the client to secure the borrowing required and successfully proceed with the purchase of their new home.
The Outcome