Contractor Mortgage Guide

Reviewed 2026-07-13

Nationwide contractor mortgage criteria

Contractor day-rate income

Case-by-case

Umbrella company income

Yes

Limited-company director income

No

CriteriaVerdictDetail
Contractor day-rate incomeCase-by-case

×5×52 for UMBRELLA/fixed-term contractors ONLY; PSC/own-Ltd routed to 2-year self-employed accounts

Day-rate incomeYes
Contract-based income (first-timer)Yes
Umbrella company incomeYes

×52; 12mo FTC history

Limited-company director incomeNo

Self-employed route, 2yr accounts

CIS incomeCase-by-case
Fixed-term contract incomeYes

×52

Max LTV (standard)Yes
  • up to 90% LTV

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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