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In the know. Self Employed applicants from Santander

19 April 2017

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Here are a few tips from Santander regarding your self employed applicants…. 

  • Please make sure any outstanding tax liability on the Tax Year Overview is cleared
  • For limited companies, check the profit on the accountant’s certificate and make sure the dividends figure isn’t higher than this
  • If the income on the application differs from the evidence provided, please give an explanation via the Mortgage Application Tracking System (MATS)
  • Where there are irregular trends on a self-employed applicant’s income evidence (even if it’s increasing), please provide an explanation via MATS
     

Please call your dedicated contact if you want to know more about the above.


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