We know that income can come in many different forms and we want to provide mortgages based on your individual circumstances.

We accept the following types of income:

  • Employed income (including fixed-term and zero-hours contractors)

  • Self-employed income (must be supported by someone with employed income if only 1 year of accounts/self-assessment have been filed)

  • Pension income (including state pension, private pension and SIPP)

  • Income from Benefits

  • Commission / Bonus / Overtime

  • Investment and Rental income

  • Maintenance payments (if ordered by a court)

We are unable to accept most student income. However, in some cases can look to accept stipend income for those completing their PhD. You can find more information on student stipend here.

With all income types, we would need to be able to see evidence of this income.

Depending on your circumstances, we may not be able to take all income into consideration.

Income Boosters:

We accept the same income types for Income Boosters as we do for other applicants.

Deposit Boosters:

As Deposit Boosters won't be liable for the mortgage, we won't assess their income in the same way as an Income Booster or a homeowner. For example, we wouldn't need to see their proof of income documents.

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