Borrow More
Up to 5.5x income
Exclusive Rates
With 10,000 products
Save
Time
We handle the leg work
Fast Decisions
Approved in 24hrs
If you’re an IT contractor paid on a day rate, getting a mortgage can feel like an uphill battle. Many high street lenders still base their lending criteria on the idea that everyone is permanently employed with a regular salary and uninterrupted employment. So, when they see contract-based income or project work paid by the day, they hesitate.
The result? You could be told you can’t borrow as much as you need, face higher interest rates, or even be turned down altogether. Some lenders may also assess your affordability using your net profit or net invoice figure, rather than your true gross contract income, which can significantly underestimate what you actually earn. And if your work falls inside IR35, that can complicate things even further.
It doesn’t seem fair, does it? Especially when you know your income is strong, consistent, and often higher than many permanent employees, and your finances are stable. But because you’re paid on a day rate and may work across multiple contracts, traditional lenders may still view you as a higher risk, even when you’re not.
You might even have felt pressured to adjust your contract, change the way you’re paid, or provide excessive paperwork just to satisfy a lender. It’s frustrating, outdated, and completely unnecessary.
At The Residential Mortgage Hub, we do things differently
We specialise in helping IT day rate contractors access the mortgage market without needing to change how you’re paid. With access to a panel of over 100 lenders, including those who understand day rate contracting, we can help you borrow based on your full earning potential, often up to 5.5 times your income, without adjusting your contract setup or tax arrangements.
We work directly with underwriters who understand how IT contractors are paid and who are ready to say yes when some banks say no.
As a whole-of-market broker, we’ll guide you through every step of the process, from sourcing the best deal, to preparing your application, and managing the paperwork, so you can focus on your projects, your career, and everything else that matters, without the stress of outdated lending criteria.
Getting started is easy
Just fill out our short online form, and we’ll be in touch to talk through your options, at a time that suits you, including evenings and weekends.
Take the Next Step
1. Fill out our quick enquiry form
2. Speak with a contractor mortgage specialist
3. Discover the lenders ready to support your goals
Take the First Step Today
Fill out the form below or giveus a quick call to have an initial chat so we can give you a fast decision and clear guidance to help you get the home you want.
or call us on: 01634 968111
Why Choose Us?
As Experts in Contractor Mortgages we bring these benefits.
Borrow More
At The Residential Mortgage Hub, we specialise in helping IT day rate contractors borrow more, often up to 5.5 times your income. We work with lenders who understand that being paid on a day rate doesn’t make you a higher risk, but reflects the flexible and project-based nature of your work.
We’ve built strong relationships with specialist lenders and their underwriters, the real decision-makers who understand how IT contractors are paid. We connect you with lenders who are ready to say yes.
Exclusive Rates
We have access to over 10,000 mortgage products, including exclusive deals you won’t find by going direct to lenders. This gives you a wider choice and better opportunities to secure the right mortgage, so you save money and afford the house you want.
Our smart technology and in-depth market knowledge allow us to quickly identify the lenders and products most suited to your circumstances. That means less time searching, fewer rejections and securing your home.
Save Time, Stress-Free
We’ve spent years helping IT day rate contractors secure mortgages, so we know which lenders understand day rate income. By going straight to the right lenders, we save you from wasted applications and protect you from unnecessary credit checks. Our stress-free process keeps things simple, so you can focus on moving into your dream home.
Fast Decisions
We understand that speed matters, especially when your dream home is at stake. That’s why we’ve built streamlined processes designed to deliver results quickly. Once we have your key details, we aim to secure a Decision in Principle within 24 hours, giving you the confidence to secure your home quickly..
What Our Customers Say
Getting a mortgage with our help is really simple
Get in touch
Complete the 30 second form or give us a call.
We’ll look for a great mortgage
Tell us about your situation and we’ll start your search.
We’ll support you from start to finish
We’ll advise you on options and help you choose the right one.
..until you get the keys to your dream home
We stay with you until you move in.
Mortgages for IT Day Rate Contractors
What You Get
Borrow
More
Up to 5.5x income
Exclusive
Rates
With 10,000 products
Save
Time
We handle the leg work
Fast
Decisions
Approved in 24hrs
Take the First Step Today
Fill out our quick enquiry form or give us a call to set up an initial chat.
or call us on: 01634 968111