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How important are P60 when applying for mortgage?
Liyana89
Posts: 29 Forumite
I don’t have my latest P60, due to personal reasons..
So if I wanted to in the future apply for a mortgage (within this year), and I can’t provide a p60 does that mean I have no chance to get a mortgage?
So if I wanted to in the future apply for a mortgage (within this year), and I can’t provide a p60 does that mean I have no chance to get a mortgage?
Would be grateful for any help thanks!
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Comments
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@liyana89 Generally speaking, if you're relying on basic income, most mainstream lenders will not require a P60.
It's only when you need variable income (overtime, bonuses, commission, etc) to be considered that some lenders may require it for evidence of a track record.I am a Mortgage Adviser - 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.
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Yes it’ll be basic income, so no extra income (that’s what you meant right?)1
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I've had 2 mortgages and I've never had to submit one. They normally ask for payslips.1
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Ah great to know! Thank you very much for your reply0
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