Income

Employed

PAYE

• Monthly Paid – Latest 3 months’ payslips required (1 month for Buy to Let)
• Weekly Paid – 6 payslips required. 4 consecutives for the latest month and 1 each from the previous 2 months

Note: Where an applicant is employed by a family business – we will request an accountant’s reference to independently verify and confirm income for each relevant applicant

Self-Employed

Sole trader

• Loan over 75% LTV – Latest 2 years’ full and final accounts prepared by a qualified accountant
• Loan below 75% LTV – Latest 2 years’ Tax Calculations and Tax Year Overviews or, latest 2 years full and final accounts prepared by a qualified accountant

Limited Company or Partnership

Shareholding/equity over 33.3%

• Loan over 75% LTV – Latest 2 years’ full and final accounts prepared by a qualified accountant
• Loan below 75% LTV – Latest 2 years’ Tax Calculations and Tax Year Overviews or, latest 2 years full and final accounts prepared by a qualified accountant

Shareholding/equity less than 33.3%

• Latest 2 years’ Tax Calculations and Tax Year Overviews, or
• As per PAYE above, and
• a letter from the senior partner / accountant confirming entitlement / profit share allocation

Sub-contractor (Self-Employed)

• Latest 2 years’ Tax Calculations and Tax Year Overviews

Construction Industry Scheme

• Latest 12 months’ CIS vouchers OR latest 3 months’ CIS Vouchers and latest annual statement

Note: We may also request a reference from the main contractor

Umbrella Company

• Latest P60, and
• Latest 3 months’ payslips, or
• 6 weekly payslips (4 consecutives for the latest month and 1 each from the previous 2 months)

Pension

State Pension

• Latest 3 months’ bank statements, or
• Annual Award Letter (from DWP)

Private Pension

• Latest 3 months’ pension payslips and P60, or
• Annual payslip and P60

Self-Invested Private Pensions (SIPPs)

• Latest investment statement confirming underlying value

Rental Income

• Latest signed APT and proof of rental income for 6 months (bank statements should also show the mortgage payment for each BTL where applicable)

Maintenance

Court Ordered

• Regular credits evidenced on latest 3 months’ bank statements and

• Copy of Court Order (required prior to offer if not available at application)

Non-Court Ordered

• Regular credits evidenced on latest 3 months’ bank statements

Stipend

• Provider confirmation letter confirming eligibility and period

Overtime and Bonuses

• Latest P60 or
• Latest March payslip

Commission

• Latest 2 years’ P60s (copy of contract is required if employment is less than 2 years)

Maternity Leave

We will request a reference from the employer confirming intention to return to work including return date and expected salary

Foster Care Allowance

• Latest 12 months’ remittance advice/invoices or
• Latest year’s Tax Calculation and Tax Year Overview

Disability Allowance

• Annual Award Letter (DLA)

Working Family/Child Tax Credits

• Latest DWP statement