Mortgages on different income types
These days there is no such thing as a job for life and income sources and types can vary massively from applicant to applicant.
Some clients could have two or even three different jobs. While others might be on temporary contracts or zero house contracts.
Others might work via umbrella companies and others might be on fixed-term contracts.
The good news is that some lenders have adapted their lending criteria to the changes that have occurred in the job marketplace.
In this section, we will help you to understand mortgages on different income types in the UK. We have created a couple of blogs on various income types such as mortgages for contractors, company directors etc.
A mortgage lender may be as concerned about how you earn your income as you are about the amount of money that you have. While not all lenders will accept certain types of wages as declared capital for mortgage applications, the right advice can help you make your money stretch further.
You can read our articles below on income types, mortgages and where to go for expert advice.