The society has removed minimum time remaining requirements for applicants on fixed-term contracts, and will now consider temporary contracts, short-term renewable contracts and rolling contracts.

The specialist lender will take into account future income when assessing affordability, including pending pay rises, confirmed future employment, allowing borrowers to secure a mortgage before starting a new role.

Additional changes also include increased flexibility around secondary employment, acceptance of certain variable income types previously excluded, and a more pragmatic approach to customer profiles that do not fit traditional affordability models.

The last sourcing change has been to capital-raising options, for which up to 80% loan-to-value (LTV) will be accepted.

These include gifts to family members, lease extensions, medical expenses, purchased commercial property, and BTL purchases where a property has not yet been identified.

Nottingham Building Society sales director Matt Kingston says: “Too many lending models are still built around a version of work and income that simply doesn’t reflect how people live today.”

“Careers evolve, contracts change, pay rises are agreed in advance and borrowers shouldn’t be forced to put major life decisions on hold because systems haven’t caught up.”

“These changes are about backing real people with real incomes. By widening our criteria and taking a more practical view of affordability, we’re helping brokers support customers who are doing the right thing but don’t fit a narrow definition of ‘standard’.”