We understand how important it is to keep your clients happy and getting them an offer fast is just as important to us as it is to you. We’ve come up with this Buy to Let Packaging Guide to help your clients get an offer with as little fuss as possible.
We’ll instruct the valuation as soon as the valuation fee has been paid (unless you tell us otherwise).
Your client will need 3 years residential address history in the UK.
(employed clients only)
Your client must be in permanent employment.
Your clients income
What we need to see
First time landlords (less than 12 months landlord experience): latest payslip and a bank statement that shows the salary credit for that month.
Experienced landlords (more than 12 months landlord experience): latest payslip.
Portfolio landlord: latest payslip and a bank statement that shows the salary credit for that month.
Bonus, overtime or commission: You can send us any additional P60’s & payslips to show bonus earned or overtime & commission payments.
New job: If you client has just started a new job, we need to see a signed acceptance of employment and the first payslip or confirmation from employer that employment has started.
Maternity leave: You can send us payslips to show your client’s pre-maternity income and a letter confirming intention of return to work date and salary.
Day Rate Contractors What we need to see
Current and previous contracts covering the last 12 month period (2 year track record if less than 3 months remaining on current contract)
If paid PAYE/Umbrella Co: Latest 3 payslips/invoices and latest 3 months personal bank statements
If paid via apps own Limited Company: Latest 3 months business bank statements and latest 1 months personal bank statement
Self-employed clients What we need to see
Sole Traders & Limited Company Directors >25% shareholding and/or drawing dividends: We will need the last 2 years SA302/Tax Calculation documents and the supporting Tax Year Overviews.
Plus: The latest business bank statement.
In additional if the underwriter requests an accountant’s reference and/or projection we can accept an accounts reference which you can send to the accountant on our behalf saving time.