Your Day Rate Is Your Income. Let's Use the Actual Math.
IR35 inside, outside, umbrella, or limited company — it doesn't matter. We assess you on what you actually earn, not what a payslip says.
The High Street Doesn't Speak Contractor
You're not unemployed. You're not risky. You're a specialist who gets paid a premium. But the system wasn't built for you.
Umbrella Payslip ≠ Your Actual Income
Your umbrella PAYE slip shows £30k. Your contract is worth £115k. The bank sees the payslip. We see the contract.
Inside IR35? Instant Decline.
Many high street lenders won't touch inside-IR35 contractors. They treat you like an employee but without the payslip to match. It's a gap no one designed for.
Less Than 12 Months Left on Contract
Banks want long contracts. Contractors get rolling 3-6 month renewals. We work with lenders who understand that's how contracting works.
Gaps Between Contracts
A 4-week gap? Banks call it unemployment. We call it Tuesday. Specialist lenders assess your track record, not your diary.
What Your Day Rate Actually Means
Formula: Day Rate × 5 days × 46 weeks = Annualised Income. Then × 4.5 = Maximum Borrowing.
| Day Rate | Annualised Income | Max Borrowing (4.5×) |
|---|---|---|
| £300/day | £69,000 | £310,500 |
| £400/day | £92,000 | £414,000 |
| £500/day | £115,000 | £517,500 |
| £600/day | £138,000 | £621,000 |
| £700/day | £161,000 | £724,500 |
IT Contractor. Inside IR35. Declined by NatWest. Approved at £517k.
Our client — a senior DevOps contractor in Manchester — earned £500/day through an umbrella company. Inside IR35. NatWest assessed his umbrella PAYE payslip at £32,000 and offered a £144,000 mortgage. He needed £480,000.
We approached a specialist lender who assessed his contract day rate at £500 × 5 × 46 = £115,000 annualised income. At 4.5×, he was approved for £517,500 — enough to buy a 4-bed detached in South Manchester with a 15% deposit.
How It Works
Three steps. No portals. No algorithms.
Send us your contract
Current contract, day rate, and a brief history of your contracting career. That's all we need to get started.
We calculate your real borrowing power
Day rate × 5 × 46 weeks = your annualised income. We match this to the best lender on our panel — not the most convenient one.
Application submitted to a decision-maker
No portals, no algorithms. Your case goes to a human underwriter at a lender who specialises in contractor income.
Why Contractors Choose Us
FCA Regulated
Authorised and regulated. Your protection is built into how we operate — not an afterthought.
90+ Specialist Lenders
Including lenders who specialise exclusively in contractor income — IR35 inside and outside.
No Upfront Fees
We don't charge until your mortgage completes. If we can't get you approved, you pay nothing.
Frequently Asked Questions
Answers specific to UK contractor mortgage applicants.
Stop Being Assessed on a Payslip You Don't Recognise
Your contract is worth six figures. Let's get a mortgage that reflects that.