When your income varies
Preparing for a loan if you are self-employed or have several income sources.
Show where the income comes from
Separate salary, business income, locum work, rent and other payments. The bank may treat each source differently.
Prepare the records
The bank may request tax assessments, payslips, bank statements or business accounts. The period required depends on the lender.
Explain recent changes
A new practice, change of employment or one-off payment may need supporting information. Raise these early.
Check the assessed income
The income used by the bank may be lower than what you receive. Ask how it has been calculated before relying on a borrowing estimate.
Useful links
General information. Confirm the requirements for your transaction before committing.
Let’s talk about your loan.
Tell us what you have in mind. No obligation.