Contract Worker & Fixed-Term Contract Mortgages
Specialist mortgages for contractors, day rate workers, and fixed-term contract professionals
Content reviewed: 13 January 2026
What do contractors need to get a mortgage?
Contractors typically need 12-24 months of contracting history, current contract with 6+ months remaining, proof of day rate income, and 10-15% deposit. Lenders assess income using day rate multiplied by 5 days times 48 weeks, or annualized umbrella company earnings. Some specialist lenders accept 6 months history for experienced professionals.
Can contractors get a mortgage?
Yes, contractors can get mortgages using day rate income calculations. Lenders typically multiply your day rate by 5 days and 48 weeks. You'll need 12-24 months contracting history and a current contract. Your Home Finance works with contractor-friendly lenders who understand your income structure.
Key Benefits
Why specialist contractor mortgages work for your situation
Access lenders who understand day rate contracts and fixed-term employment structures
Use your daily or hourly contract rate to calculate maximum borrowing potential
Get mortgages with as little as 6-12 months contracting history in many cases
Specialised underwriting often results in better lending multiples than standard employed applications
Expert Tips & Insights
Everything contract workers need to know about mortgages
Frequently Asked Questions
Get answers to common contract worker mortgage questions
Ready to Secure Your Contractor Mortgage?
Get specialist advice tailored to contract workers, day rate income, and fixed-term employment.
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