Contractor Mortgage Guide

Reviewed 2026-07-13

Virgin Money contractor mortgage criteria

Contractor day-rate income

Yes

Umbrella company income

Yes

Limited-company director income

Yes

CriteriaVerdictDetail
Contractor day-rate incomeYes

×5×46; ≥£50k needs 1yr contracting/2yr industry, <£50k needs 2yr

Day-rate incomeYes
Contract-based income (first-timer)No
Umbrella company incomeYes

Net of employer deductions

Limited-company director incomeYes

Sole contractor, single contract

CIS incomeCase-by-case

Self-employed route

Fixed-term contract incomeYes

2yr track record

Max LTV (standard)Yes
  • up to 95% 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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