RESIDENTIAL MORTGAGES
Contract Workers
Specialist mortgage support for contractors with day-rate or fixed-term income structures.
SPECIALIST MORTGAGES FOR CONTRACT PROFESSIONALS
Understanding Contactor Income
Are you classed as a contractor? We help clients obtain mortgages based on their contract income, rather than declared income through limited company accounts or self-assessments. In these cases, lenders look for continuity in the field you work in, so as long as you have a history of working within your contracting sector, this meets one of the key lending requirements set by the banks we work with.
FLEXIBLE OPTIONS
Mortgage Options Built for Contractors
Contractor Friendly
Flexible mortgage options for fixed-term, agency & umbrella contractors
Flexible History
Applications considered with as little as 6–12 months of contract history
Day Rate Income
Your day rate can be used to maximise affordability and borrowing potential
More Lending Options
Access lenders who understand your income and employment structures
Presenting Complex Income Profiles to Lenders
As a rule of thumb, lenders typically look for a 24-month contract history with renewals, and generally an end date at least six months in advance. However, we understand at Holbrook Capital Finance, you may not always have this in place.
This is where tailored advice becomes essential. We assess your employment history and your exposure within your field of work, and then present you to lenders who understand the contract world. We speak directly to underwriters and explain your current situation in order to help secure the finance you need for your investment or residential purchase.
At Holbrook Capital Finance, we take the time to understand how your employment income is structured. We don’t just consider your contract income alone, we also assess any additional income streams you may have and determine the best way to present your profile to lenders, ensuring you secure the funds required for your purchase.
CONTRACTOR CASE STUDY
Structuring Finance Around Contract Income
The Challenge
Our client began contracting in October 2024 before starting a new contract in October 2025, which was renewed through to October 2026. Due to limited contract history and an umbrella company structure, many mainstream lenders did not recognise the client’s true day-rate earnings.
Most lenders focused heavily on the client’s payslips and bank statements, which understated affordability due to the umbrella company structure. Combined with the limited contracting history, this significantly reduced the number of suitable lending options available.
The Complexity
Our Approach
At Holbrook Capital Finance, we researched the client’s circumstances and approached specialist lenders who understood the contracting market. We secured a lender that assessed affordability using the client’s day rate rather than bank statements or net income.
Because the client had been working within the same industry for over 12 months and had more than six months remaining on their contract, we were able to secure a lender that recognised their true earning potential, helping them obtain the finance required for their purchase.
The Outcome