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Foster income

Where fostering represents the applicant’s primary source of income (i.e., where 50% or more of overall income is derived from fostering) the applicant will be treated as self-employed.

All fostering income is allowable and weighted at 100% where:

  • There is a 12 month track record
  • It is likely to continue for at least 5 years from the start of the mortgage

Evidence required:

  • Latest 3-month bank statements showing income.
  • Local authority or fostering agency letter or recent statement confirming income, broken down per foster child.
  • Where 50% or more of overall income is from fostering income the latest years SA302 and corresponding TYO will also be required.


Gen H

Building a fairer housing market

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Generation Home ® is the trading name of Imagine Mortgages Ltd, a company registered in England and Wales. Company registration number: 11465987.

Authorised and regulated by the Financial Conduct Authority.

Our Financial Services Register number is 921355.

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