Contractor Mortgage Guide

Reviewed 2026-07-13

Skipton contractor mortgage criteria

Contractor day-rate income

Yes

Umbrella company income

Case-by-case

Limited-company director income

Yes

CriteriaVerdictDetail
Contractor day-rate incomeYes

×5×46, pro-rated for gaps >4wk; 12mo history + 2yr experience

Day-rate incomeYes
  • Months history: 12
Contract-based income (first-timer)No
Umbrella company incomeCase-by-case

Not addressed — confirm

Limited-company director incomeYes

Sole or spouse shareholder

CIS incomeCase-by-case
Fixed-term contract incomeCase-by-case
Max LTV (standard)Case-by-case

Not confirmed for contractor/day-rate lending — the 100% figure on Skipton's general residential criteria page appears to be cross-contamination from its unrelated Track Record guarantor new-build product, not a contractor-route LTV cap. Confirm directly against Skipton's self-employed/contractor criteria before relying on any figure.

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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