Income, Verification - Other Income

Please be advised that if your applicant has been financially affected by Covid-19 different verification processes may be in place to those listed below. Please see our Covid-19 support page for further information.

Basic Income/ Contract TypePreferred Verification DocumentAlternative Verification Document
Attendance AllowanceLatest Bank StatementLatest Benefit Award Letter
Additional Duty Hours (ADH)* See noteLatest 3 months payslips (last 6 where paid fortnightly or last 12 where paid weekly)Employers Reference
Adoption AllowanceLatest Bank StatementLatest Benefit Award Letter
BursaryLetter of Confirmation from Payer_
Carers AllowanceLatest Bank StatementLatest Award Letter
Constant Attendance AllowanceLatest Bank StatementLatest Award Letter
Child BenefitLatest Bank Statement/Benefit award letter dated in the last 12 months_
Child Tax CreditLatest bank statementLatest Award Letter
Disability Living AllowanceLatest Bank StatementLatest Award Letter
Employment and Support AllowanceLatest Bank StatementLatest Award Letter
Flexible BenefitsLatest payslip, (this applies whether the applicant is paid weekly or monthly).*Employers Reference
Flight Pay/Allowance* See noteLatest 3 months payslips (last 6 where paid fortnightly or last 12 where paid weekly) 
Foster Care AllowanceLatest 2 years Tax Calculations and Latest 2 years Tax Year OverviewsFor more information follow this link:

https://www.gov.uk/foster-carers/help-with-the-cost-of-fostering

Guardian AllowanceLatest Bank StatementLatest Benefit Award Letter
Industrial Injuries Disablement AllowanceLatest Bank StatementLatest Award Letter
MaintenanceLatest 3 months bank statementsCourt Order or Maintenance Assessment or letter from Child Maintanance Services (CMS)
Mortgage SubsidyLatest Payslip*Employers reference
Nursing Bank* See noteLatest 3 months payslips (last 6 where paid fortnightly or last 12 where paid weekly)Employers reference
Pension - CreditLatest Bank Statement/Pension P60Latest Pension Statement
Pension - Private    
(including Company/Occupation)		Latest Bank StatementLatest Pension Statement
Pension - StateLatest Bank StatementLatest Pension Statement
Pension - War DisablementLatest Bank StatementLatest Pension Statement
Pension - War Widow(er)Latest Bank StatementLatest Pension Statement
Rental IncomeProperty currently let

Either 3 months bank statements, letter/invoice/statement from letting agent or letter from accountant or solicitor.

An Assured Shorthold Tenancy Agreement (AST) is acceptable for properties currently let in England and Wales only. Private Residency Tenancy (PRT) is not acceptable in Scotland.

Intending to let existing property

Letter from letting agent confirming expected rental payment.

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Shift Allowance* See NoteLatest 3 months payslips (last 6 where paid fortnightly or last 12 where paid weekly)Employers reference
StipendLetter of Confirmation from Payer-
Widowed Parents Allowance 
(including Widow's Pension)		Latest Bank StatementLatest Pension Statement
Working Tax CreditsLatest Bank StatementLatest Benefit Award Letter

*Please note: For additional duty hours, flight allowance, nursing bank or shift allowance we will average the last 3 months payslips (last 6 where paid fortnightly or last 12 where paid weekly). Provided that each payment is within 10% of the average we will allow 100% of the income, otherwise we will allow 60%.

Example - Month 1 £95, Month 2 £100, Month 3 £105.  Total income £300, average £100pm.  As each payment is between £90 (10% below average) and £110 (10% above average) we can treat as guaranteed.  If one of the payments was below £90 or above £110 we would treat as non guaranteed even if the total income across the 3 months was the same.

 

*Note: For applicants paid monthly or 4 weekly, the latest payslip must be dated within 6 weeks of the date of the full mortgage application.