Day Rate Mortgages.
We Apply Logic.
IT contractor? Umbrella company worker? Fixed-term contract? When high street lenders can't fit you in their “employed” or “self-employed” boxes, we find lenders who assess what you actually earn.
Complex Income: What Contractors Hear From Banks
Sound familiar? These are the “computer says no” rejections we reverse every week.
The reality: Your contract clearly states income and duration. The lender's checkbox says 'employed' or 'self-employed'. Neither fits.
The reality: You've contracted for 8 years across 12 clients. But your current contract is only 6 months old, so you're 'new' to them.
The reality: You took a month off between contracts. That's a 'gap in employment' apparently, not the holiday you'd earned.
The reality: You invoice monthly or work through an umbrella. Neither produces the payslips their system demands.
Day Rate × Working Days = Real Income
High street lenders see your umbrella payslip and calculate a salary. Specialist lenders see your contract and calculate potential.
The difference? It could be hundreds of thousands in additional borrowing power.
Here's how a specialist lender would assess a contractor earning £500/day:
Day Rate Assessment
How Complex Income Mortgages Helps
We speak lender. We know which ones understand contracting, and how to present your case.
Day Rate Calculation
We work with lenders who calculate: (day rate × working days per week × 46 weeks). That's your real earning power, properly assessed.
Contract Length Flexibility
Some lenders accept 3 months remaining. Others want 6 months. Some consider your contracting history. We match you to the right criteria.
IR35 Navigation
Inside IR35? Outside IR35? Different lenders have different appetite. We know which accept what, and how to present your situation.
Umbrella & Ltd Company
Whether you're PAYE through an umbrella or trading via your own limited company, we find lenders who understand your structure.
What's Your Day Rate Worth?
Enter your day rate and contract details. We'll show you what lenders could actually offer — not what the high street computer says.
Calculate Your Borrowing PowerNo credit check. No obligation. Results within 48 hours.