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Bank Statements

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Just wondered if when appyling for a mortgage, can you use bank statements instead of wage slips?

Comments

  • kingstreet
    kingstreet Posts: 39,268 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Normally, bank statements are requested as well as payslips, not instead of.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • smcqis
    smcqis Posts: 862 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Do you not get a pay slip? Does your employer bypass tax?
  • loverington
    loverington Posts: 44 Forumite
    Yes, but I've only just started my job and was just wondering if bank statements could be used instead.
  • kidcat
    kidcat Posts: 6,058 Forumite
    Part of the Furniture Combo Breaker
    We recently submitted our application and we had to submit both wage slips and bank statements, we had some bother with the payslips as they did not copy well or scan, the mortgage company refused to accept the bank statements as proof of income.
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