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Nationwide - Overtime for new application key worker
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peppapig14
Posts: 266 Forumite
are nationwide accepting overtime as income for key worker applications?
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Comments
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According to their site, as long as you're not a first time buyer and your LTV is 85% or lower, they will consider it.If your client is a key worker and their income has been unaffected by recent developments around Coronavirus (COVID-19), then we can consider using overtime income. This is subject to us being satisfied that it is sustainable.Definitely worth chatting about it with a broker or a NW adviser thoughBuy My First House During A Pandemic Challenge
26/7 Nationwide 90% LTV Application Received | 26/7 Soft Credit Search | 4/8 Hard Search | 14/8 Underwriter questions | 17/8 Valuation booked | 19/8 Physical valuation & report received | 7/9 Mortgage offer | 27/11 Exchange & Completion0 -
thanks, that sounds positive. have appointment with broker Tuesday so hopefully he will confirm the above0
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does anyone else have experi3nce of obtaining a mortgage with nationwide since these changes were introduced?0
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