Derby contractors — the UK's engineering capital.
Derby has one of the highest concentrations of high-skill engineering in the country — aerospace (Rolls-Royce), rail (Alstom) and automotive — supported by a deep contractor supply chain. Its day-rate engineers and technical specialists need lenders that read a contract, not three years of accounts. As a whole-of-market, FCA-authorised brokerage, we place Derby and East Midlands contractors.
Why Derby contractors need a specialist
Derby's aerospace, rail and automotive employers rely on a large day-rate engineering contractor base, many trading through their own company. Specialist lenders assess the current contract rather than years of accounts — the route tailored to the city's technical contractors.
Sectors we see most in Derby
Aerospace and propulsion engineering contractors, rail and rolling-stock specialists, and automotive and manufacturing professionals, plus the IT and data contractors supporting them. See IT contractors and outside IR35.
Company directors and retained profit
Many Derby engineering contractors run a limited company — we can use day rate or retained profit, whichever borrows more. First-time buyers welcome — see first-time buyer.
We work with Derby contractors remotely
No office visit needed — we advise by phone, video and email around your contract. See the areas we cover.
Lenders we place Derby contractors with — a selection
Lender guides: Halifax · Barclays · HSBC · NatWest · Nationwide · Accord · Clydesdale · Yorkshire BS · Kensington See how we place cases →
Contractor Mortgages in Derby, answered
Can I get a mortgage as an engineering contractor in Derby?+
Yes. Specialist lenders assess your day rate and current contract rather than years of accounts, ideal for aerospace, rail and automotive contractors.
I run my own limited company — does that help?+
It can. We can use day rate or retained profit, whichever borrows more for your situation.
How is my income worked out?+
Your day rate is annualised (typically over 46 weeks) and lent on at around 4.5×, before deposit and affordability checks.
Do you cover the wider East Midlands?+
Yes, we cover Derby, Nottingham, Burton and the wider region, advising remotely.
Do I need to meet in person?+
No. We advise Derby contractors by phone, video and email, around contract hours.