Contractor Mortgage Guide

Reviewed 2026-07-13

Kensington contractor mortgage criteria

Contractor day-rate income

Yes

Umbrella company income

Case-by-case

Limited-company director income

Case-by-case

CriteriaVerdictDetail
Contractor day-rate incomeYes

×5×48 — the highest multiplier; flexible history, <12mo w/ CV considered

Day-rate incomeYes
  • Months history: 0
Contract-based income (first-timer)Yes
Umbrella company incomeCase-by-case

Secondary

Limited-company director incomeCase-by-case
CIS incomeYes

Complex-income

Fixed-term contract incomeYes
Max LTV (standard)Yes
  • up to 95% LTV

Purchase only

Source: lender intermediary criteria, last verified 2026-07-13. Criteria change frequently — always confirm current policy with the lender or a broker.

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