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.