Contractors are quality borrowers and we want to help you provide them with the options they need.

We’ve listened to broker feedback and introduced new criteria for contractors:

Maximum 90% LTV
Minimum gross contracting income of £50,000 per annum (affordability based on 80% of gross income)
Contracts can be expressed in daily or hourly rates
No set minimum time left on the current contract, minimum contracting period of 12 months in current occupation
No differentiation between self employed, Limited company and contractors working under an umbrella company.
Find out more
Iain Smith, Head of Corporate Accounts
Bank of Ireland UK