We are applying for a mortgage with the Halifax
But my husband income is concerning us, even though we thoroughly explained, more than once to the mortgage advisor. We are concerned if they ask his employer, they will just quote 'basic salary' which is half his earnings
My husbands basic is £22k
He then has £4k shift premium on top
He is also acting shift manager (for last 3 years) adding £7k
He also has Overtime, £5k (some is involuntary - OT because of shift pattern)
As my husband has P60s to show the last 3 years, the minimum he has earnt is £38k the Halifax advisor said they would lend based on that, however we are concerned that if the underwriter contacts the HR dept of his company, they will just quote £22k
We want to borrow £212k on a joint mortgage. They have said we could borrow upto £230k
But my husband income is concerning us, even though we thoroughly explained, more than once to the mortgage advisor. We are concerned if they ask his employer, they will just quote 'basic salary' which is half his earnings
My husbands basic is £22k
He then has £4k shift premium on top
He is also acting shift manager (for last 3 years) adding £7k
He also has Overtime, £5k (some is involuntary - OT because of shift pattern)
As my husband has P60s to show the last 3 years, the minimum he has earnt is £38k the Halifax advisor said they would lend based on that, however we are concerned that if the underwriter contacts the HR dept of his company, they will just quote £22k
We want to borrow £212k on a joint mortgage. They have said we could borrow upto £230k