Contractor day-rate income
Yes
Umbrella company income
Yes
Limited-company director income
Yes
| Criteria | Verdict | Detail |
|---|---|---|
| Contractor day-rate income | Yes | — Max 46 weeks used; min £300/day or £50k. Confirm minimum contract history with lender — 6mo-vs-12mo page conflict. |
| Day-rate income | Yes | — |
| Contract-based income (first-timer) | Yes | — |
| Umbrella company income | Yes | — Deductions applied |
| Limited-company director income | Yes | — |
| CIS income | Case-by-case | — Secondary-sourced |
| Fixed-term contract income | Yes | — 12mo sub-policy |
| Max LTV (standard) | Yes |
|
Source: lender intermediary criteria, every row verified on or since 2026-07-13 (most recent check 2026-08-19). Criteria change frequently — always confirm current policy with the lender or a broker.
Adviser's view
Accord contractor mortgage criteria at a glance
- Income basis: day rate × 5 days × 46 weeks
- Minimum: £300/day or £50k a year
- Track record: published criteria conflict (6 vs 12 months) — get written confirmation
- Maximum LTV: 95%
- Umbrella: accepted with deductions · Limited company: standard route
- Fixed-term: 12-month sub-policy · CIS: secondary income only
Accord runs a day-rate contractor calculation on the standard five-times-forty-six-week basis, with a minimum of £300 a day or £50k a year to qualify, and lending available up to 95% loan-to-value on this route. Worth flagging honestly: Accord's own published criteria aren't fully consistent on minimum contract history, with different pages pointing to six months in one place and twelve months in another, so it's sensible to get written confirmation of which applies to your case before relying on it.
Umbrella company income is accepted, with deductions applied to reach the assessable figure, and limited company director income is accepted on the standard route. Fixed-term contract workers fall under a twelve-month sub-policy, so a shorter track record won't qualify there even if the day-rate route itself is more flexible. CIS income is accepted as a secondary, supporting source rather than a primary one.
The table above carries the verified positions; given the history-requirement discrepancy noted, always confirm the minimum contracting period directly with Accord before applying.
FAQ
Does Accord do contractor mortgages?
Yes — day rate × 5 × 46 weeks, with a minimum of £300 a day or £50k a year, up to 95% LTV. Its published minimum-history rules conflict (six months in one place, twelve in another), so get written confirmation before relying on either.
Does Accord accept umbrella and CIS contractors?
Umbrella income is accepted with deductions applied to reach the assessable figure. CIS income counts only as a secondary, supporting source — CIS-primary applicants are better served by lenders that treat CIS as employed.