People are more than ever paid in a wide variety of different ways. Depending on how your income is made up can have an impact on which lenders are available and best suited to your individual circumstances. If you have more complex income how your income is assessed for mortgage lending purposes will vary drastically from lender to lender. If your income falls into any of the following categories you should look to speak with an adviser who specialises in this area as in depth knowlege of lender criteria will be crucial in obtaining a mortgage and how much you are able to apply for.
Complex income –
Self employed
Self employed 1 years accounts or latest years accounts
Self employed to LTD company owner
Other complex income
Contractor
Retained profits – LTD Company
Share income including RSU Benefit
Sports professionals
Social Media Influencers
Working with clients with complex income is one of the areas in which we specialise in here Mortgage Haven UK.