| Criteria Requirement | Assessment Policy |
|---|---|
| Income basis | Contract / manual 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 considers contractor and self-employed income with manual flexibility at mutual pricing. Exact terms are confirmed live at application.
It applies manual consideration to non-standard cases, helpful for contractor profiles that need reading. Specifics are confirmed at application.
On a contract basis for qualifying contractors, read with manual consideration where needed.
Yes to both, with appropriate income evidence for each structure.
Mild, explainable adverse may be considered; deeper histories are better matched to specialists.
Speak to our contractor mortgage specialists to check live Newcastle rates and verify your borrowing capacity.