Employment Income: Overtime (less than monthly)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can accept overtime which is paid less frequently than monthly (for example quarterly) as an acceptable source of income for affordability purposes.

Policy Notes:

We are able to take 50% of regular overtime (as long as we can see it is a regular feature of the employment). There is flexibility to take more if the employment justifies it. Please refer cases where more than 50% is required.

If we can see consistently high levels of overtime are worked then we may look to take more than 50%. It is recommended that these cases are referred prior to submission and the last two year's P60s are provided in addition to the last three month's payslips.

Criteria categories:

• employment income
• income

Last updated:

29 August 2018