You asked….we listened!
For self employed applicants (where applicable) we will now take either net profit after tax + salary, or salary + dividends, whichever is higher.
We will use the latest years figures* if the increase is less than 20% – if more we simply use an average of the last 2 years.
*If the ’21 tax return or accounts dated 30th Dec onwards are available.
New for income in 2022
- We now take net profit after tax and salary for self-employed borrowers
- Zero hour criteria now includes Bank nurses
More income top picks
- Pension income at 100%
- Rental income profit at 100%, investment income at 75%
- Child benefit, maintenance payments and tax credits all at 100%