Day rate, inside IR35, outside IR35, umbrella or CIS — we know exactly how lenders read your income. Tell us your day rate and we will tell you what you can borrow, which lender to go to, and how to get it done without the runaround.
Enter your contract day rate below for an instant indication. Most contractor-friendly lenders calculate affordability using your annualised day rate — not your accounts or payslips. No credit check required.
Your indicative borrowing
Conservative
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High street lenders using standard income multiples
Standard
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Contractor-friendly lenders using day rate annualisation
Specialist
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Best-case with specialist or professional lenders
These are indicative figures only. Your actual borrowing will depend on your full circumstances, credit history, outgoings and the lender's current criteria. Specialist lenders may be able to offer more. Speak to an adviser for a precise figure.
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We cut out the back and forth. You tell us your rate and circumstances — we do the rest.
We check your income against 100+ lenders and find the best fit for your structure and circumstances.
Whether you work through a limited company, umbrella, CIS, or pick up NHS bank shifts, we know how lenders assess your income and which ones to go to.
Day rate, inside & outside IR35
Construction industry scheme
Civil, structural, mechanical
Offshore & onshore
GP, hospital & agency
Day & long-term supply
PAYE via umbrella
Strategy & interim roles
Most brokers treat contractors like self-employed people and reach for the SA302. We do not. We know which lenders annualise day rates, which ones give day-one contractors a chance, and which ones offer enhanced multiples to professionals. That knowledge gets you a better mortgage.
Whole of market not tied to a panel. We search every contractor-friendly lender and place you with the right one first time.
We use your day rate not your SA302. That means you borrow based on what you actually earn.
No upfront fees. Our broker fee of £495 is only payable on successful completion clear, no surprises.
Inside IR35, outside IR35 and umbrella workers are all assessed differently by lenders. Choose the wrong one and you could be leaving tens of thousands on the table. We know which lenders give the best result for each structure — and exactly how to present your income to get it.
We are not limited to a panel. As a whole-of-market broker we have access to the full UK mortgage market — from high street names like Halifax, HSBC and NatWest to contractor specialists like Aldermore, Saffron and Hodge Bank. We know which lenders use day rate annualisation, which accept day-one contractors, and which offer the best rates for your IR35 position.
As a locum GP I had been refused by three lenders. They understood my income straight away, matched me with the right lender and we completed in six weeks.
Get on the ladder using your day rate — no SA302 needed with the right lender.
Moving up on contract income. We match you to lenders who understand variable earnings.
Contractor income accepted for BTL. We work with specialist landlord lenders including limited company structures.
Ltd company, sole trader or partnership — we know how each structure is assessed and how to get the most out of it.
Missed payments, defaults or CCJs? Several of our lenders specialise in adverse credit for contractors.
Your initial consultation is free with no obligation. We charge a broker fee of £595, which is only payable on successful mortgage application — not upfront. Contractor Mortgages Direct is a trading name of Mortgage Knight Ltd, authorised and regulated by the Financial Conduct Authority (FCA No: 994617).
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Contractor Mortgages Direct is a trading name of Mortgage Knight Limited, which is authorised and regulated by the Financial Conduct Authority.
We are a credit broker, not a lender.
The FCA does not regulate some investment mortgage contracts.
5 Century Court, Tolpits Lane, Watford, WD18 9PX. Registered in England, No. 14667048.
Our typical fee is £595. Depending on how much work your case involves, a fee of up to 1.0% of the mortgage amount may apply — we’ll always agree the exact fee with you before any work begins.
We always aim to provide a high-quality service to our customers. However, if you encounter any problems and we are unable to resolve them, you can take your complaint to an independent ombudsman. Our advice is covered under the Financial Ombudsman Service.
