Is your income commission related? This needn’t restrict you getting a mortgage… There are lenders who understand and accept this as an income. Have a listen to the 60 second clip and if you need to know more get in touch via email email@example.com Your home may be repossessed if you do not keep up repayments on your mortgage.
hello welcome to today’s 60-second snippet into the mortgage world and today’s subject is Commission income. Specifically when you receive 100% Commission income. I’ll not name companies but there are industries and jobs out there where your income is purely based on Commission and if that’s the case what you might find is that the high street banks, that you bank with, might not recognize your income. You might get lucky in maybe they do but the lenders that specifically meet that criteria and acknowledge that income plus everything else about your circumstances will treat you just like anyone else who has a basic salary. You need to speak to someone that can look at these lenders, look at your circumstances and tell you where that meets and fits your recommendations because that income won’t always be ignored.