Employed applicants

No minimum term of employment is required.

If the applicant has confirmed that they will be starting a new job, receiving a pay rise or undertaking a new role with their current employer, the new job/promotion must have commenced before the time of offer expiry.

For new jobs, the start date of employment should be the date that the application is keyed.

In these instances we will seek an employer’s reference and we may also ask for a copy of the contract or pay review letter.

UK residents not paid in sterling

The use of foreign currency income is not acceptable. Any customers who require foreign currency income to be included in the affordability assessment should be declined.