Income Types

EMPLOYED

PAYE is the most common way to be paid in the UK, sometimes the worry is how long you have been in the job, if overtime or bonus can be used or if you earn enough for a mortgage.

We can help customers even if you have not started your job role yet, are on a probation period or have varying additional overtime and bonus work.

SELF EMPLOYED

Lenders will look at accounts or tax calculations for your income and as long as you have your first years figures there are lenders available.

We can look at the best lender for your requirements as lenders will vary on how they calculate your income.

CONTRACTORS

Construction industry scheme contractors (CIS) are employees in the construction trade within the UK. This income can be assessed on a self employed basis or on an employed basis by looking at CIS vouchers/payslips.

FIXED TERM, IT AND IR35 CONTRACTORS.

A fixed term contractor will be employed for a fixed period of time, Lenders vary on the track record they require and how long they will need left on your contract.

Income is calculated differently by lenders so we can assist with our wealth of knowledge to help you get the best mortgage for your circumstances.

AGENCY AND ZERO HOURS

Income from these areas can be more variable but they are very common, Lenders will require a track record and look at varying number of payslip to determine your income.

Our specialist advisers will be able to look at your options with you

NHS AND BRITISH MEDICAL ASSOCIATION MEMBERS

NHS workers income is often displayed in various ways on their payslips, translating salary, night shift, WTD and various other allowances can be complex to lenders. We understand which lenders will accept and calculate earnings so you can ensure your hard work pays off.

People working within the NHS often work on fixed term contracts and do large volumes of bank work. Payslips can vary with different areas of income such as banding, area allowances and overtime.

Our experienced advisers can work with you to ensure all of your income is used by knowing lenders who are best for these areas.