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Wage slips

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I currently work under a 20 hour contract although I do work additional hours every week with number of hours varying, but on my wage slip my employer lists total hours and does not separate contracted hours and additional hours worked.

Could this potentially cause any issues with some lenders?

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  • K_S
    K_S Posts: 6,880 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    @Planeahead Shouldn't cause any terminal issues but if the payslip amount is varying every month, you can expect the broker/lender to ask for your employment contract to evidence the 'guaranteed' part and separate out the OT.

    Assuming your OT is reasonably consistent, you should be able to use it as income for a mortgage.
    I currently work under a 20 hour contract although I do work additional hours every week with number of hours varying, but on my wage slip my employer lists total hours and does not separate contracted hours and additional hours worked.

    Could this potentially cause any issues with some lenders?

    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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