Why are payslips important for mortgage?

22 Apr 2021

Payslips for mortgage is an important document supported with bank statements. Ideally by way of payslips mortgage companies verify salary. If you are in a permanent role you'll need to submit three to six months payslips. If you are in self-employment you may need to submit your tax returns alongside payslips and p60. It is very imrpotant to mention all the extra income such as bonuses or commission within the payslip, some lenders may require two years worth of P60s. We would highly receommend to Speak to a broker first because Not all lenders have the same criteria. A good broker with good years of experience should be able to help with your application and finding a right lender for your mortgage. Due to this requirment all employers must give payslips to their employees.