1. Help Centre
  2. Residential Lending Criteria

Umbrella/Agency Employed on PAYE

Evidence we’ll need to see:

  • Contracts for the past 12 months. If your latest contract is for more than 12 months, you must provide at least 2 contracts. Only exception is if you recently switched from being an employee to a contractor and you're still providing services to your former employer. In this case, we'll need confirmation that your previous employer hired you for at least 3 years before you became a contractor, and a copy of your service contract that includes the terms for cancelling or ending it.
  • Latest 3 months’ payslips (latest 12 weeks’ payslips if paid weekly)
  • Latest 3 months’ personal/business bank statements showing receipt of income
  • Latest P60

Calculating income:

Income will be calculated based on average of last 3 months’ payslip, minus any holiday pay received