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IT Contractor Mortgage Specialist

Mortgages for IT Contractors

Tech contractors earning £400 to £1,000+ per day deserve lenders who assess that income properly. We find lenders who use your day rate, not your payslip, to calculate what you can borrow.

Day rate usedShort contracts fineLimited company acceptedLondon specialist
Prefer to call? 0844 884 9748 (Mon-Sat 9am-7pm)
Step 1 of 3Type Selection

What type of mortgage do you need?

Select the option that best describes your property financing requirement. Our brokers specialise in complex London and international structures.

Roger Cooper

"Our goal is to understand your unique situation. Select a category and we'll match you with the right product and lender."

— Roger Cooper, Senior Mortgage Adviser

Why IT contractors need a specialist mortgage broker

Tech contracting income is rarely what it appears on paper. The right broker ensures lenders see your real earning power.

Day rates of £400-£1,000+ assessed properly

IT contractors often earn exceptional day rates that mainstream lenders completely fail to recognise. We work with lenders who annualise your day rate across 46-48 weeks, meaning a £600/day rate translates to around £138,000-£144,000 of assessed income.

Short contract terms are not a barrier

Tech contracts are often 3-6 months and sometimes shorter. Most high street lenders get nervous about this. We know which lenders are comfortable with short contract terms, provided you have a reasonable track record in the sector.

Limited company structures understood

Operating through a personal service company (PSC) creates complexity that most lenders cannot navigate. We find lenders who assess limited company contractor income correctly, whether you take salary and dividends or pay yourself via director's loan.

Umbrella company income accepted

Many London tech contractors work through umbrella companies, particularly when inside IR35. We find lenders who look at your underlying contract rate rather than the take-home shown on umbrella payslips.

IR35 status handled either way

Whether you are inside or outside IR35 affects how your income is presented to lenders. We advise on how your IR35 status affects your application and select lenders who are set up to assess your income accurately in both cases.

Contract gaps between roles accepted

Taking time between tech contracts for upskilling, travel, or negotiating the next role is common. We find lenders who accept reasonable gaps in your contracting history, especially if you have a strong overall track record in the sector.

How it works

From first enquiry to mortgage offer, we handle everything. Most IT contractor applications complete within 4-6 weeks.

01

Tell us your day rate, contract structure, and history

We review your current rate, contract length, whether you operate via limited company, umbrella, or CIS, and your contracting history. One call or online enquiry is enough to get started.

02

We search 90+ lenders for the right fit

We identify lenders who use day rate assessment for IT contractors and shortlist those offering the most competitive rates for your situation. The right lender can dramatically increase what you can borrow compared to going direct.

03

We explain your options clearly

We present the best 3-5 mortgage options with rates, monthly costs, and total cost over the deal period. We make a clear recommendation based on your priorities, whether that is maximising borrowing, minimising monthly cost, or flexibility.

04

We handle the application from start to finish

We submit your application and manage the process through to mortgage offer. We know how to present IT contractor income to underwriters, which avoids delays and unnecessary queries. Most tech contractor applications complete within 4-6 weeks.

IT contractor mortgage FAQs

I earn £600 per day as an IT contractor. How much can I borrow?
At £600 per day, a lender using day rate assessment would typically annualise your income at roughly £138,000-£144,000 (46-48 weeks x £600). At standard income multiples of 4.5x, that translates to a potential mortgage of around £620,000-£650,000. The exact figure depends on your deposit, any other income or liabilities, and which lender we select. We will give you a precise figure based on your full circumstances.
My tech contract is only 3 months long. Will lenders accept this?
Some will and some will not. High street lenders often want 12 months remaining on a contract or want to see multiple years of accounts. Specialist lenders are more comfortable with short IT contract terms, provided you have a track record in the sector and a history of renewing contracts or moving between roles. We target those lenders and help you time your application well.
I work through my own limited company outside IR35. How does that affect my mortgage?
Outside IR35 via a limited company is the structure most specialist contractor lenders are set up to handle. They assess your income using your day rate rather than your salary and dividends from the company. Some also look at retained profits within the business. We identify which approach gives you the highest borrowing capacity and choose the lender accordingly.
I was made inside IR35 recently. Does that make it harder to get a mortgage?
It can complicate things with some lenders, but not all. Being inside IR35 means your income is taxed like employment, which some lenders actually find easier to assess. The challenge is that your take-home via an umbrella will be lower after tax and NI deductions. We find lenders who understand IR35 and assess your gross contract rate, not just net take-home pay.
I took six months off between contracts. Will lenders reject my application?
Not necessarily. A gap of six months is not ideal but it is also not unusual in tech contracting. Lenders will want to understand the reason for the gap and, importantly, see that you are now on a new contract. If the gap was planned (upskilling, travel, or personal reasons) and you have a strong prior contracting track record, many specialist lenders will still consider your application.
Can I use both my day rate income and rental income on my mortgage application?
Yes, in many cases. If you already own a rental property, many lenders will consider rental income alongside your contracting income when assessing affordability. We review your full income picture and find lenders who will count every legitimate source, which is particularly useful for IT contractors with investment properties looking to purchase or remortgage their main home.

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Ready to find your IT contractor mortgage?

Get your free consultation today. We understand tech contracting and find lenders who assess your day rate properly.

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