| Criteria Requirement | Assessment Policy |
|---|---|
| Income basis | Professional / contract–based assessment |
| Day-one lending | Case-by-case |
| Minimum history | Standard |
| IR35 (inside) stance | Contractor-friendly assessment |
| Umbrella accepted | Case-by-case |
| Limited company | Yes |
| Gaps between contracts | Standard |
| Adverse credit | Clean credit preferred |
| Underwriting | Hybrid |
| Broker access | Intermediary |
Yes — its professional mortgage extends beyond standard multiples for eligible occupations, applied to properly assessed contractor income. Eligibility is confirmed live at application.
Contractors holding cash against tax bills and gaps between contracts can offset it against the mortgage, saving interest while keeping access. Terms are confirmed at application.
Typically regulated professions such as medicine, dentistry, law and accountancy, based on the professional registration. We confirm current eligibility for your occupation.
Yes — locum income is assessed in professional context, with the registration evidencing continuity. Specifics are confirmed at application.
Its lending is accessed through intermediaries — we can place qualifying cases with it.
Speak to our contractor mortgage specialists to check live Scottish Widows rates and verify your borrowing capacity.