We’ll now accept 50% of overtime, shift allowance and commission (not bonus payments) for affordability purposes. Your client will need to show they’ve received this income consistently over the last 3 months.

We’ve updated our essential expenditure data to reflect the most up to date view of living costs.

Existing clients who are not self-employed can apply for an owner-occupied further advance up to 90% LTV – subject to product availability. For debt consolidation the limit remains at 75% LTV.

Please remember – for self-employed applicants we’ll only accept applications from businesses that continue to actively trade, and have been for at least 3 months. This also applies to businesses returning to trading following Covid.

For employed applicants returning to work following furlough we’ll require the most recent P60 along with the latest wage slip which will need to evidence receipt of full income.