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Adding Savings

  • Updated

Details of your savings

After selecting to add a source, you will then have the option to select savings. When adding savings you'll need to provide the following information:

  • The amount of your savings being used towards the purchase

  • Your employment details, and details of other income

  • The details of anyone else contributing their savings

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Adding your details

After adding the amount coming from savings you'll then be asked to provide details to support this. You'll be asked to provide:

  • Your employment status

  • Your pre-tax income

  • How often you are paid

  • When you are paid what reference does the employer use on your bank statement

  • If you have any other sources of income, and the details of this income (e.g. a rental property)

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Adding a co-purchasers details

After adding your details you'll then be asked if anyone else is contributing their savings to the purchase. If there is a purchaser you'll be asked to provide:

  • Their name and mobile number

  • Their employment details

  • If they receive any other income and the details of this income

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After adding their details you will also have the option to add another co-purchaser if needed.

Once you have added the source you'll see the outstanding balance update to reflect this. If you need to change or remove the savings please select 'edit' next to it.

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Evidence your savings

If you have added savings as a source you'll need to provide evidence of this. You'll be given a new task to upload a payslip dated in the last 6 months.