Contractor Mortgages Made Simple

Use Your Day Rate as Proof of Income

If you're working outside IR35, you don't need to rely on salary and dividends to secure a mortgage. We help contractors access lenders who understand how you really earn – using your day rate to maximise borrowing potential.

Why Contractors Struggle with Mortgages

Traditional brokers can struggle to understand contractor income. They often:

• Focus on salary and dividends
• Ignore retained profits
• Ask for 2-3 years of accounts
• Undervalue your true earning capacity

That means many contractors are either declined or offered far less than they can actually afford.

We work with lenders who assess your income differently.

Instead of outdated methods, they use a simple formula:

[Your Day Rate × Working Days × 48 Weeks]

This allows lenders to:

• Accurately reflect your earning power
• Offer higher borrowing potential
• Approve mortgages faster

Whether you're a first-time buyer, moving home, or remortgaging, this approach can significantly improve your options.

Who This Is For

This service is ideal if you are:

• Working outside IR35
• A limited company contractor
• A day rate consultant (IT, finance, engineering, etc.)
• Recently contracted (even with less than 12 months history)

How It Works

1. Book a Call
   We'll understand your contract, day rate, and goals.
2. Assess Your Borrowing Power
   Using contractor-friendly lenders, not generic calculators.
3. Secure the Right Mortgage
   We match you with lenders who understand your income structure.
4. Support to Completion
   From agreement in principle through to keys in hand.

Why Use Contractor Financial

• Specialist in contractor mortgages
• Access to lenders and underwriters giving you the best chance of being accepted
• We understand IR35 and contract income
• Straightforward, no-nonsense advice
• Focused on getting results – not ticking boxes

Common Questions

Can I get a mortgage with only one contract?

Yes — many lenders will accept a current contract, especially if you have a strong CV or prior experience.

Do I need 2 years of accounts?

No. Many contractor-friendly lenders don't require full accounts.

What if I've just gone outside IR35?

That's fine — we can often still help, depending on your background.

Will I be able to borrow more using my day rate?

In most cases, yes. This method typically reflects your true income far better than salary/dividends.