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Question about my mortgage application and company car

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daz134
daz134 Posts: 3 Newbie
Tenth Anniversary Combo Breaker
in Mortgages & endowments
Hi

I'm going to put in an application for dessision in principle with in the next 24 hours and my question is based around what I earn and my benifit in kind.

I have a company car and the value is around £8500 which is recorded on the p11d

If I was on £45k does that mean I put £45k on the application for or does it mean I'm on £53500k because the p11d value is a taxable perk.

Thanks for any advice 

Comments

  • JJG1984
    JJG1984 Posts: 46 Forumite
    Second Anniversary 10 Posts
    £45k is what they used for my application and I have a company car also 
  • amnblog
    amnblog Posts: 12,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Your P11D is not income as far as a mortgage lender is concerned.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
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