Include any secured and unsecured loans to remain after completion. Exclude loans that will expire in the next 3 months and loans relating to BTL properties.
The customer's basic expenditure is all mandatory outgoings on a monthly basis such as, utilities, phone bill, council tax, food or clothes shopping, TV License and travel to and from work.
The customer's regular expenditure is all outgoings that the customer must make on a monthly basis eg insurance, medical, dental cover, car service costs, MOT costs, equity loan, repayment vehicle etc.
The customer's expenditure that is neither a credit agreement, committed expenditure nor basic essential expenditure, such as school fees, child care, repayment vehicle.
Please include all basic income, including shift/ regional allowance, regular bonus/commission, maternity/paternity pay and parental leave.
Please include non-regular bonus and commission.
We prefer a minimum of 2 years’ accounts at application but we will consider less than this, where 1 years trading or increasing/stable income enter latest years income only otherwise enter an average of the last two years. Where a company director owns 20% or more of the company shares, they will be classed as self-employed.
Please include basic salary and share of net profit.
Please include basic salary.
Total of all current day rates.
Please include armed forces payment, war disablement pension, war widow's pension and state & private pension.
Please include maintenance (court order), universal/tax credit and disability/income supplement/ industrial injuries disablement benefit.
Profit made from UK land and property. Where joint BTL, enter only the profit for the individual applicant.
Please include Income Payment Protection and investment income (fixed income products only).
Submit a DIP
For intermediaries only.
Looking for the customer website?
© 2018 Foundation Home Loans is a trading style of Paratus AMC Limited. Registered Office: No.5 Arlington Square, Downshire Way, Bracknell, Berkshire RG12 1WA.
Registered in England with Company No. 3489004. Paratus AMC Limited is authorised and regulated by the Financial Conduct Authority.
Our registration number is 301128.Buy to let mortgages are not regulated by the Financial Conduct Authority.Calls may be monitored and recorded.