Published 27 September 2016 · Last reviewed 1 May 2026
Contractor Mortgages | Multiple Applicants | Working tax credits | Maintenance Payments | No Credit Scoring | Up to 4 Applicants
Bluestone mortgages launched early in the year and clearly put a great deal of thought into their lending policy to set them apart. In our dealings so far they have displayed a hunger to lend and in this post I will look at the ranger of Contractor mortgages offerd.
Contractor mortgages via Bluestone
Like most Lenders Bluestone mortgages will sense check a continuity in a certain employment sector i.e. you can’t be a IT worker one day and then a bank nurse the next but otherwise it’s pretty much fair game with both 6 months gaps and less than 3 months on your current contract to run considered. Importantly they also use the daily contract rate in their affordability assessment which usually means you can borrow much more.
Daily contract rate. Consider less than 3 months to run on current contract. Consider empoloyment gaps of up to 6 months must have ILR no visa applicants.