Annual income (£)
If your customer is employed please include:
If your customer is self-employed, please average their last two years' earned UK taxable income (gross taxable income, not turnover), or use their most recent year's income if it’s lower than the average. Earned taxable income is defined as follows:
If your customer receives child maintenance please include the annual amount received. The associated children should be entered in the “Number of children” field as financial dependants. Child maintenance cannot be the only form of income on an application.
If your customer receives foster income please average their last two years' earned UK taxable income, or use their most recent year's income if it’s lower than the average. Foster children must be included in the “Number of children” field as financial dependants.
Interest rate
For variable rate products, or products fixed for less than 5 years, you don't need to provide an interest rate as we'll use our default stress rate. For products fixed for 5 years or more, please enter the interest rate of the chosen product. We’ll calculate a product specific stress rate to ensure the mortgage remains affordable. Visit our product page for more information.
Monthly outgoings (£)
Enter the total amount (combined for joint applicants) your customer will continue to pay each month for committed outgoings. Details of what to include and exclude are listed below.
INCLUDE:
EXCLUDE:
Number of adults
Enter the number of applicants and any other adults who are financially dependent upon the applicants.
Number of children
Enter the number of children under the age of 18. Exclude any children who do not live with the applicants.