We can consider unearned income which is sustainable over the duration of the mortgage term.
We will need to see:
- Latest 3 months’ bank statements confirming receipt of income
- Evidence of the source, e.g. portfolio of stocks and shares…
- Letter from qualified accountant confirming income for last 6 months in addition to advising source, that there are no encumbrances, and that the income covers the term of the proposed mortgage
- Corresponding Tax Calculation