Many borrowers rely on including non-standard and secondary forms of income on their mortgage assessment. Some lenders are a bit picky with what they will and won’t consider, but are you aware of our Income Flex criteria?
Truth be told, if it’s a legal form of income we can probably consider it! But if you prefer us to be more specific, here’s a sampling…
Self-employed (incl. cottage industry), contract (incl. CIS, short & fixed term, day rate and zero hours), agency, bank & locum, commission-based, stipend, Tronc, lodger income, interest or dividends from savings or investments, rental income, 100% of benefits, tax credits, and pension income (incl. ‘defined contribution’).
Oh, and 9–5. Mustn’t forget about them.
What’s more, we’ve just added a new Income Flex product to our range that offers an income multiplier of up to x5.5 – perhaps the extra bit of flexibility you’re looking for right now?
If there’s anything we can help with, do give us a call. We’re always keen to help you get a “Yes!”.