Reviewed 2026-07-13
Santander contractor mortgage criteria
Contractor day-rate income
Case-by-case
Umbrella company income
Case-by-case
Limited-company director income
Yes
| Criteria | Verdict | Detail |
|---|---|---|
| Contractor day-rate income | Case-by-case | — Santander lends to contractors but assesses the income as self-employed (2 years' accounts) — it doesn't use a day-rate annualisation. |
| Day-rate income | Case-by-case | — |
| Contract-based income (first-timer) | Yes | — |
| Umbrella company income | Case-by-case | — Accepts umbrella income but assessed as self-employed (2 years' accounts), not a day-rate route. |
| Limited-company director income | Yes |
|
| CIS income | Yes | — |
| Fixed-term contract income | Yes | — |
| Max LTV (standard) | Yes |
Self-employed route |
Source: lender intermediary criteria, last verified 2026-07-13. Criteria change frequently — always confirm current policy with the lender or a broker.