| Criteria Requirement | Assessment Policy |
|---|---|
| Income basis | Day rate–based assessment |
| Day-one lending | Case-by-case |
| Minimum history | Standard |
| IR35 (inside) stance | Contractor-friendly assessment |
| Umbrella accepted | Yes |
| Limited company | Yes |
| Gaps between contracts | Standard |
| Adverse credit | Clean credit preferred |
| Underwriting | Hybrid |
| Broker access | Direct & intermediary |
Its Helping Hand proposition offers enhanced income multiples for qualifying first-time buyers, which — applied to a properly annualised day rate — can lift borrowing substantially. Qualifying criteria are confirmed live at application.
On a day-rate basis for qualifying contractors, reading the contract. The enhanced multiple, where available, applies to that assessed income.
Yes — the combination of enhanced multiples and mutual pricing makes it a strong first-time buyer option, provided the income is assessed correctly.
Yes to both, with appropriate income evidence for each.
Assessed case by case, with a strong professional background helping. We'll confirm the live position.
Speak to our contractor mortgage specialists to check live Nationwide rates and verify your borrowing capacity.