Santander underwriter query

noggin2k1

Hi all,

I'll start by setting the scene;

First time buyers
£330k house - new build
£66k HTB, £54k cash, £210k mortgage

Me: £46k basic, advised £25k bonus/commission
Partner: £21k basic, advised £9k commission

My last years P60 indicated £59k total earnings, and the last 3 months payslips have each had £5k+ in commission. I've purposely low balled both of our earnings to be on the safe side.

The underwriter has come back and asked why I've had such a jump in year on year earnings, and why the last 3 months suggest more this year than I've advised. I've gone back and advised I've been with current employer for just over 3 years, and we have a 2-3 year sales cycle, hence I'm just beginning to reap the rewards. I've also advised I've been a bit cautious on predicted full year earnings - it's just fallen on 3x good months.

Anything for me to be concerned about here? Rather nervous as a first time buyer, expected this to fly through, so just a bit concerned that the underwriter is questioning this..

LawAbiding

An underwriters job is to question everything.

Just be open and honest about anything and everything they ask and let them make a decision.

Don't forget if Santander are not happy, you will have other options!