The Vernon is a small regional mutual with a manual, common-sense approach that can consider contractor and self-employed cases individually. A niche option where a case benefits from human underwriting and regional knowledge.
| 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 — its manual, common-sense approach can consider contractor and self-employed cases individually. Exact terms are confirmed live at application.
Yes — it applies human judgement to non-standard cases. Specifics are confirmed at application.
On a contract basis, read manually, using the contract and history as evidence.
Yes to both, with appropriate income evidence for each structure.
Small-society pricing applies — the premium buys manual flexibility.
Speak to our contractor mortgage specialists to check live Vernon rates and verify your borrowing capacity.