| Criteria Requirement | Assessment Policy |
|---|---|
| Income basis | Day rate / contract–based assessment |
| Day-one lending | Case-by-case |
| Minimum history | Flexible |
| IR35 (inside) stance | Contractor-friendly assessment |
| Umbrella accepted | Yes |
| Limited company | Yes |
| Gaps between contracts | Flexible |
| Adverse credit | Mild considered |
| Underwriting | Manual |
| Broker access | Intermediary |
Yes — it has deliberately broadened criteria for contractors and self-employed, suiting the moderately non-standard case. Exact terms are confirmed live at application.
Yes — visa-holder and foreign national appetite is part of its approach, adding compound-case utility. Specifics are confirmed at application.
On a contract or day-rate basis for qualifying contractors, read with manual consideration where needed.
Yes to both, with appropriate income evidence for each structure.
In the upper-mutual band — above the rate-leading giants, below the deep specialists — a modest premium for the flexibility.
Speak to our contractor mortgage specialists to check live Nottingham Building Society rates and verify your borrowing capacity.