Net Salary or Total Remuneration?

Gopes

Folks, my Net (contracted) Salary (albeit before tax is £27k), however once I have added my bonus, and pension contributions plus flexible benefits allocation, my total remuneration package is £36k. When applying for loans/mortgage, is it acceptable to use the larger figure - at the end of the day, if I opted out of my flexible benefits/pension contributions that is what i would take home (minus a small (not) slice for Mr Brown).

Just thinking that a salary of £27k would not get me a mortgage in London or the South East, whereas a salary of £36k would - and I would also be able to afford mortgage payments on a 25 year, £175k 95% mortgage.

Cheers
Gopes

doodle_bug

Your gross income is always used, you might have to prove the bonus side is certain. Most lenders want to see 3 months payslips and bank statements and a p60 They will definitely lend on your higher amount or like the Nationwide on your ability to pay.