Proof of Income

Your income proof is entirely dependant on the role you do, whether your employed/self-employed and whether you receive bonuses/overtime or commissions. 

Employed Clients 

Generally speaking, we would obtain your latest 3 months payslips, this shows a consistent level of pay, and usually, if you have overtime or monthly commission/bonuses, this usually does the trick.

However, where bonus/commissions are paid annually/quarterly of half-yearly. Generally, we would tend to need to evidence at least 2 of these. So, therefore, provide the payslips corresponding to the months that these were paid, in addition to the normal 3 months we require. 

In some occasions, when evidencing additional income such as overtime, lenders may ask for your P60. So it may be a good idea to dig this out of the coffee table filing system in preparation too!

Examples of the formats that lenders would expect are detailed below:

One way of sending these effectively is using Office lens, which is a handy app and a smart way of sending documents clearly.

Having trouble saving the documents in the right format?

Use the link below to read a handy guide on document saving and formating.

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©️2020 Twenty20. All rights reserved.
Twenty 20 is a trading name of Brook Financial Services Limited which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. Brook Financial Services Limited. Registered Office: The Old Courthouse, 60a London Road, Grantham, Lincolnshire, NG31 6HR. Registered in England Number: 07311674

©️2020 Twenty20. All rights reserved.

Twenty 20 is a trading name of Brook Financial Services Limited which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. Brook Financial Services Limited. Registered Office: The Old Courthouse, 60a London Road, Grantham, Lincolnshire, NG31 6HR.

Registered in England Number: 07311674