Contractor Mortgages
Contractor mortgages made simple.
Get matched with a broker who understands day-rates, contract length, limited company and umbrella income.
Who it’s for
- First-time buyers
- Home movers
- Remortgage
- Buy-to-let (where supported)
What you’ll usually need
- Day rate / contract details
- Contract length and history
- Deposit estimate
- Basic income documents (varies by lender)
Mortgage partner
Contractor mortgages are handled by Cleerly, specialists in working with contractors and understanding day-rate, umbrella and limited company income.
- Contractor-friendly mortgage guidance
- Umbrella and limited company contractor support
- Support with first-time buyer, remortgage and buy-to-let scenarios
FAQs
Can I get a mortgage based on my day rate?
Many specialist brokers use day-rate-based affordability models, depending on your contract terms and history.
Does umbrella vs limited company matter?
It can. Different lenders view income differently — a specialist broker will guide you to the best fit.
How quickly can I get an agreement in principle?
Often within days, depending on your documents and lender requirements.
Financial Protection
Protect your income when contracting.
Income protection, life cover and critical illness — aligned to the realities of contracting (no sick pay, gaps between contracts).
Core
Income protection
Protect your monthly income if you can’t work due to illness or injury.
Family
Life insurance
Support your dependants and protect your home if the worst happens.
Peace of mind
Critical illness
A lump sum payout on diagnosis of certain serious conditions (policy dependent).
Protection partner
Financial protection support is handled by Cleerly, who specialise in working with contractors and helping them find suitable protection around irregular income and contracting life.
- Income protection
- Life insurance
- Critical illness cover
Why contractors buy this
- No employer sick pay
- Mortgage / rent commitments
- Irregular income
- Family responsibilities
Introducer note