Income type	Acceptable	% Weighting	Restrictions
📓 Additional Duty/Responsibility (Guaranteed)	Yes	100
📓 Adoption Allowance (Guaranteed)	Yes	100
📓 Alphabet shares	Yes	50	We will accept alphabet shares if they have been paid and can evidenced on the borrowers last 2 years Sa302s. The average over the last 2 years should be entered under the ‘Investment Income’ field.
📓 Bank Work	Yes	100	Income for borrowers in bank work can be considered on a case by case basis if the borrower has 12 months continuous employment within a similar role. NHS bank work can be considered on a case by case basis if the borrower has 3 months continuous employment within a similar role.
📓 Benefit Income	Yes	100	At least one owner should be in full time employment. The benefit must be for the applicant and must be guaranteed.
📓 Bonus	Yes	50	This must be earned in the last 12 months
📓 Bursary	No
📓 Capital Gains	No
📓 Carers Allowance	Yes	100	Must be guaranteed
📓 Cash In Hand	Maybe		Not accepted for employed applicants. May be accepted for Self-employed applicants if supported by their self assessment and line of work.
📓 Change of employment type	Yes	100	Recent changes in employment type will be reviewed on a case by case basis. Where a borrower has moved from employed or contract work to self-employment, 1 years trading must have been completed and evidenced via an Sa302. All changes to employment type will only be reviewed where the work remains in a similar role and industry.
📓 Cheque Payments	Maybe	100	May be accepted subject to line of work and full underwriter assessment.
📓 Child Benefit	Yes	100	At least one owner should be in full time employment. The benefit must be for the applicant and must be guaranteed. Must only be included where being paid for the next 5 years.
📓 Construction Industry Scheme (CIS)	Yes	100	Must have 12 months continuous employment. We will require; 2 months equivalent payslips/Invoices & Evidence of 12 months continuous income
📓 Commission	Yes	50	Average of the last 2 months payslips. Income made up from 100% commission is not acceptable
📓 Contract; Zero Hours	Yes	100	Track record: 12 months continuous employment within that role.
📓 Contracts; Fixed term	Yes	100	Must have 12 months continuous employment and 3 months remaining on their current contract.
📓 Deferred Shares	No
📓 Disability Living Allowance	Yes	100	At least one owner should be in full time employment. The benefit must be for the applicant and must be guaranteed.
📓 Employer Housing Allowance	Yes	100	Must be guaranteed
📓 Expenses	No
📓 Family Business	Maybe	100	Acceptable where the customer has been employed to the family business for a minimum of 12 months. 12 months bank statements are required. Where >20% or more shares are owned they must be treated as self-employed.
📓 Foreign Income	No
📓 Foster Income	Yes	100	There is a 12 month track record and it is likely to continue for at least 5 years from the start of the mortgage
📓 Holiday Lets	Yes	100	Income from Holiday lets is acceptable where it has been received for the last two years and can be evidenced by the last two years Sa302/Sa100 and corresponding TYO.
📓 Incapacity Benefit	Maybe	100	At least one owner should be in full time employment. The benefit must be for the applicant and must be guaranteed.
📓 Investment Income	Yes	50	The total balance of the investment divided by the term should be keyed
📓 Limited Company	Yes	100	Where trading for 2 years or more.
📓 Locum doctors	Yes	100	Income as per tax returns
📓 Maintenance Payments	Yes	100	Maintenance Income is allowable (100%) through a signed Maintenance Agreement received under court order OR Child Support Maintenance agreement subject to: ● Confirmation the agreement will be in place for a minimum of 5 years from the start of the mortgage AND ● A satisfactory track record of receipt being provided – 3 months bank statements OR Open Banking.
📓 Mileage Allowance	No
📓 New Role	Yes	100	If the borrower is due to start their new role during the application process, we will need to see a copy of their signed contract, 1st payslip and corresponding bank statement
📓 Overtime	Yes	75	Average of the last 2 months payslips
📓 Parental Leave	Maybe	100	100% of the borrowers returning employed income will be assessed where the applicant is returning within 12 months. We will require evidence of how they are able to cover any period of reduced income (e.g. savings). Refer to the Parental Leave page for full details.
📓 Pension (state & private)	Yes	100	We do not accept drawdown pension or pensions held in trust
📓 Permanent Health Insurance	No
📓 Personal Independence Payments	Yes	100	At least one owner should be in full time employment. The benefit must be for the applicant and must be guaranteed.
📓 Piecework	Maybe	100	12 months income history required. Income taken as per latest P60 or Sa302
📓 Probation	Maybe	100	Customers within the first 6 months of employment must confirm permanent employment or evidence 12 months in a similar role/industry.
📓 Rental Income	Yes	83	Refer to Rental income page. Where there are other associated costs relating to the property, such as management fees, they must also be declared or offset against the income
📓 Seasonal Workers	No
📓 Second Jobs	Yes	100	Can be considered where basic hours do not exceed 60 hours a week. Any hours completed over 60 hours a week will be classed as overtime.
📓 Shift Allowance	Yes	100	Must be guaranteed
📓 Sole Traders	Yes	100	Where trading for 2 years or more.
📓 Statutory Sick Pay	No
📓 Stipend	Maybe	100	We will only accept Stipend income where a future contract of employment can be evidenced OR where received longer term as a member of the clergy.
📓 Temporary Workers	Yes	100	12 months continuous employment within the role
📓 Tronc Income	Yes	100	As long as it is put through to HMRC
📓 Trust Income	Maybe	100	Only acceptable where the income is in the applicant's name, the income and tax paid can be evidenced and is due to be paid for no less than 5 more years.
📓 Umbrella Company	Yes	100	Treated as employed where tax is paid by employer, treat as self employed where pay own tax
📓 Universal Credit	Maybe	100	At least one owner should be in full time employment. The benefit must be for the applicant and must be guaranteed. *Housing allowance must be deducted & Child Tax credit only included where being paid for the next 5 years.
📓 Unsociable Hours	Yes	100	Must be guaranteed
📓 Widows Pension	Yes	100