Contractor Mortgage Guide

Reviewed 2026-07-13

Metro Bank contractor mortgage criteria

Contractor day-rate income

Yes

Umbrella company income

Yes

Limited-company director income

Case-by-case

CriteriaVerdictDetail
Contractor day-rate incomeYes

×5×46; 12mo same-industry history; ≥4wk left on contract; zero-hours contracts NOT accepted

Day-rate incomeYes
  • Daily rate: 4
Contract-based income (first-timer)Yes
Umbrella company incomeYes

Actual guaranteed hours

Limited-company director incomeCase-by-case

Standard self-employed Ltd route

CIS incomeCase-by-case
Fixed-term contract incomeYes
Max LTV (standard)Yes
  • up to 85% LTV

90% on the Professional range

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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