Post Office - self employed net profit

bassa1980

on my post office application, I had worked out what I thought my net profit would be, now my accountant has looked into tis, I m earning about 2k less.
Now... the mortgage affordability calculator, states even on my 'revised' profit that I can borrow 14k more than I have applied for

I am at the stage of submitting my SA302's bankd statements etc.

Will the underwriter sort this? or will I have to start all over again?

Thanks, I'm a first time buyer, so all new to me and finding it quite stressful

HappyMJ

bassa1980 wrote: »

on my post office application, I had worked out what I thought my net profit would be, now my accountant has looked into tis, I m earning about 2k less.
Now... the mortgage affordability calculator, states even on my 'revised' profit that I can borrow 14k more than I have applied for

I am at the stage of submitting my SA302's bankd statements etc.

Will the underwriter sort this? or will I have to start all over again?

Thanks, I'm a first time buyer, so all new to me and finding it quite stressful

You don't start again. The figures you provide on the application are estimated. The figures are proven to be a little less so they'll go on those figures. You've said it's still within lending guidelines so it'll be fine.

bassa1980

Great, I didn't think it would be a huge problem. Just feels like there are so many jigsaw pieces to put together