Contractor Mortgages Direct is a specialist mortgage broker built specifically for contractors, locums and day rate workers. We are a trading name of Mortgage Knight Ltd, a whole-of-market mortgage brokerage based in Watford, authorised and regulated by the Financial Conduct Authority.
We created this brand because we kept seeing the same pattern with contractor clients: the income was there, the credit was clean, the deposit was ready — but the mortgage was not happening because the broker or the lender did not understand how to assess it. A GP locum earning £700 a day being told she could not afford a £300,000 mortgage. An IT contractor on £600 per day being offered less than he could have borrowed as a graduate employee.
We arrange mortgages and protection insurance for contractors, locums, day rate workers and anyone whose income does not fit the standard employed or self-employed categories that most lenders and brokers default to.
Our advisers specialise in contractor income structures — IR35, day rate annualisation, limited company assessment, CIS, umbrella, locum and agency income. We know the lending market for contractors in detail: which lenders use which assessment methods, which ones give the best multiples for each pay structure, which ones accept day-one contractors and which ones work well for applicants with complex income or mild adverse credit.
We search over 100 lenders across the full UK mortgage market and recommend the one that gives you the best outcome for your specific circumstances. We manage the process from initial enquiry to mortgage completion.
We start with a free initial consultation by phone, video call or WhatsApp in which we take the time to understand your income structure, your circumstances and what you are trying to achieve. We do not push you towards a quick decision or a particular product. We give you a clear picture of what is possible, what lenders will look most favourably on your application, and what you need to do to put yourself in the strongest position. Once you decide to proceed, we handle the application process. We prepare your case, liaise with the lender and solicitor, and keep you updated throughout. Most contractor mortgage cases take two to four weeks from application to formal offer, depending on the lender and the complexity of the case. Our broker fee is typically £595, payable only on successful mortgage completion. There are no upfront fees and no obligation from your initial consultation.
Contractor Mortgages Direct is a trading name of Mortgage Knight Ltd (FCA No: 994617, Company No: 14667048), a whole-of-market mortgage brokerage based at 5 Century Court, Tolpits Lane, Watford, WD18 9PX.
Mortgage Knight has been arranging mortgages for contractors, property investors and first-time buyers since its founding, building a reputation for specialist knowledge and straightforward advice. The Contractor Mortgages Direct brand brings our contractor expertise to a dedicated platform with the resources, tools and content that contractor clients need.
We are authorised and regulated by the Financial Conduct Authority. Our FCA registration number is 994617. You can verify this on the FCA register at fca.org.uk/register.
As a regulated broker, we are required to provide advice that is suitable for your circumstances, to disclose any conflicts of interest, and to treat you fairly throughout the process. We are covered by the Financial Ombudsman Service if you have a complaint that we are unable to resolve internally.
Your home or property may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing other debts against your property.
Yes — we are not tied to a panel or limited to a subset of lenders. We have access to over 100 lenders including high street banks, building societies, specialist challenger banks and broker-only lenders that are not accessible through comparison sites or direct applications.
Our broker fee is typically £595, payable only on successful mortgage offer. There are no upfront fees, no consultation fees and no obligation from your initial advice session. We also receive a procuration fee from the lender on completion, which we disclose fully as required by FCA regulations.
Yes. We handle your personal and financial data in accordance with UK GDPR and our privacy policy. We use your information only to arrange your mortgage and the protection products you request, and we do not share it with third parties without your consent. Full details are in our privacy notice, available on request.
Yes — we can be reached via WhatsApp at most hours, and we accommodate early morning, evening and weekend appointments for clients whose contracting commitments make daytime calls difficult. We understand that contractors are busy, and we work around your schedule.
We aim to resolve any issues quickly and informally in the first instance. If we cannot resolve your complaint to your satisfaction within eight weeks, you have the right to refer it to the Financial Ombudsman Service, free of charge. Our full complaints procedure is available on request.