Clydesdale Bank offers sector-blind contractor lending across structures, with underwriting fluency inherited from a long professional-lending heritage. Part of the Virgin Money group, it provides a distinct criteria personality and a useful third door alongside Virgin and Nationwide.
| Criteria Requirement | Assessment Policy |
|---|---|
| Income basis | Contract / day rate–based assessment |
| Day-one lending | Case-by-case |
| Minimum history | Standard |
| IR35 (inside) stance | Assesses inside-IR35 on gross where evidenced |
| Umbrella accepted | Yes |
| Limited company | Yes |
| Gaps between contracts | Standard |
| Adverse credit | Clean credit preferred |
| Underwriting | Hybrid |
| Broker access | Direct & intermediary |
Yes — its policy applies without sector carve-outs, across limited company, umbrella and other structures. Exact terms are confirmed live at application.
Inside-IR35 engagements can be assessed on evidenced gross contract value, keeping it on the shortlist for that profile. Specifics are confirmed at application.
Yes to both, with appropriate income evidence for each structure.
Yes — it built underwriting fluency lending to professionals, which transfers to reading complex contractor income. Qualifying professionals may access professional products.
Speak to our contractor mortgage specialists to check live Clydesdale Bank rates and verify your borrowing capacity.