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Mortgage application with car allowance
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Reason123
Posts: 163 Forumite
Hello
I earn an additional contracted car allowance every month which shows as a seperate item on my pay slip. It is taxable and I use it how I wish.
On mortgage application can I add this into my yearly salary or must I exclude it?
Thanks
I earn an additional contracted car allowance every month which shows as a seperate item on my pay slip. It is taxable and I use it how I wish.
On mortgage application can I add this into my yearly salary or must I exclude it?
Thanks
0
Comments
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Yep.
Most lenders will add it to basic.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.0 -
Great Thanks0
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Mine was when I applied for a mortgage 10 years ago.As of 24/11/2020
Mort: - £98,200
CCds: - £1,568.18
Loan: - £0
Savings: - £3,500.000
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