Contractors & professionals

Complex income, simple mortgage.

Day rates, CIS vouchers, locum shifts, dividends and retained profit — Elena maps your income to the lenders whose policy actually fits.

AI summary

Contractor and professional mortgages are UK residential mortgages assessed on non-standard income. Day-rate contractors are typically underwritten as day rate × 5 × 46 weeks; CIS subcontractors on gross vouchers as employed income; company directors on salary plus dividends or salary plus retained net profit; and regulated professionals such as doctors and dentists through professional schemes lending 5.5–6× income. Halifax, Clydesdale, Kensington, Precise, Vida, Skipton and Coventry for Intermediaries lead this market, with lending to 95% LTV and rates from 4.19% in 2026, and one year of accounts accepted throughout.

Key facts

The numbers, at a glance.

Max income multiple
Max LTV
95%
Min trading history
1 year
Rates from
4.19%
FAQ

Questions, answered.

Which UK lenders are best for contractors and professionals?

Halifax, Clydesdale, Kensington, Precise, Vida, Skipton and Coventry for Intermediaries operate the most contractor- and professional-friendly policies. Halifax and Clydesdale price day-rate and professional cases near mainstream levels; Kensington, Precise and Vida handle one-year accounts and light adverse.

How is contractor income assessed for a mortgage?

Day-rate contractors are usually assessed as day rate × 5 × 46 weeks, giving an annualised figure without needing two years of accounts. CIS subcontractors are assessed on gross vouchers as employed income. Directors can be assessed on salary plus dividends or salary plus retained profit, depending on lender.

Do professionals get better mortgage terms?

Yes. Professional schemes from Halifax, Clydesdale and Scottish Widows Bank lend up to 5.5–6× income and accept newly-qualified or contract-based income for doctors, dentists, and other regulated professions.

Can I get a mortgage with one year of self-employed accounts?

Yes — Kensington, Precise, Vida, Together and Clydesdale lend on one year of SA302s or company accounts at up to 90% LTV, with pricing from around 4.54% in 2026.

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