Future Changes

Income

Where the applicant’s income is increasing and they can evidence this change as detailed in the table below, provided it is in line with policy and sustainable, this must be keyed into the income section of Mortgage Pro.

Please refer to New job, promotion or pay rise for more information.

Where the applicant has confirmed their income is reducing, the lower figure must be keyed into the income section of Mortgage Pro, along with adequate notes to explain any discrepancies to the income evidence provided. 

Please refer to  Maternity/paternity/adoption leave for more information.

Where the applicant is unsure or unable to evidence the changes, these should be keyed into the future changes section of Mortgage Pro.

Please note the information keyed within the future changes section will not be included within the affordability calculation.

If there are any affordability issues as a result of the above, the application can be referred to underwriting for consideration.

New Job

Applicants circumstances	Primary evidence	Secondary evidence
Applicant has started their new job and has a full first payslip	Latest payslip	Employers Reference
Applicant has started their new job but does not yet have a full first payslip	Contract of Employment (Only if this contains the new salary)	Employers Reference
Applicant has not yet started their new job	Contract of Employment (Only if this contains the new salary)	Employers Reference

Pay rise / Promotion with current employer

Applicants circumstances	Primary evidence	Secondary evidence
Applicant has started their new role / received their pay rise and has a full first payslip	Latest payslip	Pay rise / Promotion letter OR Employers Reference
Applicant has started their new role / received their pay rise but does not yet have a full first payslip	Latest payslip AND Pay rise / Promotion Letter	Contract of Employment (Only if this contains the new salary) OR Employers Reference
Applicant has not yet started their new role or received their pay rise but will within 3 months of full mortgage application	Latest payslip AND Pay rise / Promotion Letter	Contract of Employment (Only if this contains the new salary) OR Employers Reference

​​​Commitments

If an applicant discloses a future commitment, then this should be taken into consideration. For example, if the applicant is expecting a baby, a dependent should be keyed.

If the application is for a deposit on a second home or residential property, and the applicant will be taking a mortgage on that property then this must be keyed as a commitment under existing mortgages and all future costs must be included on the application.

If the application is for a deposit on a buy to let property, and the customer will be taking a mortgage on that property, then this must be keyed as a commitment under existing mortgages and we will require evidence of the estimated rental income for the new property.

All applicant’s existing commitments should be keyed in the commitments and/or household expenditure sections, regardless of how many months are remaining.

Where the applicant is repaying a commitment on or prior to completion you will need to confirm this within the commitments section for each individual commitment as applicable.

Where the applicant has a household expenditure cost, which will cease or reduce in the near future, you should key the expenditure as it is today and then you can capture the changes within the future changes section of Mortgage Pro.

Please note the information keyed within the future changes section will not be included within the affordability calculation.
If there are any affordability issues as a result of the above, the application can be referred to underwriting for consideration.