Outside IR35 Mortgages, Tailored Solutions for Independent Contractors
Unlock your homeownership potential with mortgages designed for contractors working outside IR35. No payslips. No accounts. Just your day rate and our expertise.
Say Goodbye to Mortgage Hassles – We Handle It All
Understanding how much you can borrow is one of the most important steps toward achieving your property goals. For contractors working outside IR35, your income structure is unique ,and so should your mortgage approach be.
Our Outside IR35 mortgage calculator is designed specifically for independent professionals who work through limited companies or as sole traders, helping you see how your day rate converts into borrowing power. Whether you’re starting a new contract or have years of experience, our system adapts to your income pattern.
To get started, you’ll typically need:
- Your latest signed contract, confirming your current day rate and contract length.
- Three months of business bank statements (if you operate a limited company).
- Personal bank statements showing your income flow.
- Umbrella workers should provide their latest three payslips.
Unlike traditional employees, contractors outside IR35 are assessed based on their annualised contract value, not on payslips or tax returns. For instance, a contractor earning £500 per day could be assessed at an annual income of £115,000 (based on a 46-week working year).
Once you have an estimate of your borrowing potential, our expert mortgage advisors will guide you to lenders who understand contracting. We make sure your application is packaged correctly, ensuring maximum borrowing and smoother approval.
Our process is 100% online, fast, and hassle-free. Whether you’re a first-time buyer, remortgaging, or investing in property, we’ll help you get the right deal that reflects your real income ,not just your payslips.
We work with more than 120 mortgage lenders, including:
Why Choose CMS for Your Outside IR35 Mortgage?
At Contractor Mortgage Solutions, we specialise in securing competitive mortgage deals for professionals working outside IR35. Here’s why we’re trusted by contractors across the UK:
Smart Insurance for Contractors Outside IR35, Stay Protected, Stay Confident
At Contractor Mortgage Solutions, we help outside IR35 contractors safeguard their income and future with tailored protection plans.
Income Protection Insurance
Your income powers your lifestyle. But if illness or injury stops you from working, how would you keep up with mortgage payments? Our income protection policies ensure you receive regular income support until you’re back on your feet.
Relevant Life Cover
Protect your family and your business with life insurance structured around your contractor setup. Our relevant life policies are tax-efficient and ideal for limited company contractors.
Critical Illness Insurance
Get peace of mind knowing you’re financially covered in the event of a serious illness. Receive a lump-sum payment that can help with recovery costs, mortgage repayments, or family support.
All our insurance options are contractor-friendly, flexible, and can be tailored to match your contract type and earnings.
Mortgages for Outside IR35 Contractors
Securing a mortgage as a contractor outside IR35 depends on how your income is structured.
Here’s how lenders typically view your earnings:
Limited Company Contractors
Lenders may assess your income using your contract day rate, multiplied by your average working weeks (typically 46–48). Your business accounts and bank statements help verify consistency and affordability.
Sole Traders and Freelancers
Your self-employed income, shown in recent tax returns, supports your affordability case. Our brokers ensure your income is presented in the best possible light.
Umbrella Contractors
If you’re paid via an umbrella company, lenders will use your latest payslips and contracts as proof of income. We’ll ensure these documents accurately reflect your gross earnings.
Why Lenders Favour Outside IR35 Contractors
Outside IR35 contractors often enjoy higher earning potential and flexible working arrangements, making them attractive to lenders when supported by expert representation.
Borrowing Potential
Most lenders offer borrowing up to 4.5 times your annualised contract rate, while specialist lenders may go up to 5 times or more, depending on your profile.
Why Choose CMS
We’ve built strong relationships with specialist lenders who understand contractor incomes. Whether you’re buying, remortgaging, or investing, we’ll help you find a deal that fits your financial goals and IR35 status.
Unlock Your Homeownership and Investment Potential
Whether you’re buying, remortgaging, or investing, our team simplifies the process for contractors outside IR35.
Buying Your First Home?
Getting a mortgage can seem complex as an independent contractor, but we make it straightforward. Our experts ensure your day rate and contract are properly assessed to unlock your buying potential.
Looking to Remortgage?
Don’t overpay on your current deal. We’ll help you remortgage to a better rate, release equity, or switch products ,all tailored to your contractor setup.
Thinking About Investing?
We specialise in buy-to-let mortgages for contractors. Whether it’s your first investment or an addition to your portfolio, we’ll find competitive options designed around your contracting income.
FAQ’s
Can I get a mortgage if I work outside IR35?
Yes, absolutely. Many lenders now accept contractors working outside IR35. We’ll help present your income correctly to maximise approval chances.
Our Partners: https://mortgage-tek.co.uk/
How do lenders calculate my income?
Typically, your day rate is multiplied by 5 days per week and 46–48 working weeks per year to calculate your annualised income.
Do I need two years of accounts?
Not necessarily. Many contractor-friendly lenders accept your current contract and bank statements instead of full accounts.
Can I get a mortgage if I’ve recently gone contracting?
Yes. Even if you’ve only recently started, we can often secure you a mortgage using your first signed contract.
Can I get a buy-to-let mortgage while working outside IR35?
Yes, and in fact, many lenders offer attractive buy-to-let options for contractors due to higher earning potential.