Only income earned in Pounds Sterling (£) from employment / investments in the UK will be accepted for affordability purposes.
- Certified copy of most recent 3 months’ payslips
- Certified copy of latest P60
- Certified copies of 3 months bank statements from immediately before application (N/A where current account is with First Trust Bank)
- Include Regular / Proven / sustainable:
- Bonuses (if annual, must be proven over a 3 year period)
†Note: If your Switcher customer:
- Is an existing First Trust Bank Customer; and
- Has a LTV of ≤ 90%; and
- Has a max 3.5 times LTI; and
- Has their salary mandated to their First Trust Bank current account,
there is a reduced requirement for employment documentation - One up to date payslip only.
We will accept 100% of proven sustainable overtime/bonus/allowances, however applications should not have a heavy reliance on these as a source of monthly income.
- 3 years signed Financial Accounts (Certified / Audited)
- Certified copy of 3 months business bank statements from immediately before application (N/A where current account is with First Trust Bank)
- Certified copy of 3 months personal current account statements from immediately before application
- A letter from the customer’s accountant confirming tax affairs are up to date
Note: Where it is not possible to obtain original payslips and bank statements, photocopies or electronic versions may be relied upon provided these can be cross verified.