Contractor Income: IT Consultant

Our standard acceptability

Acceptable

Criteria definition:

Displays if we will accept IT Contractor as an acceptable source of income for affordability purposes.

Policy Notes:

The minimum annual income should be £30,000 and two years consistent history of contracting would need to be provided (a copy of their CV or LinkedIn profile would suffice). We calculate income for 'employed' contractors as daily rate times 5 days times 48 weeks.

Criteria categories:
  • contractor income
  • income

Last updated:

29 August 2018