Employment Income: Tronc Payments (Tips etc)

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially consider tronc payments (Tips etc) as an allowable income type when assessing affordability on residential applications.

Policy Notes:

Family Building Society can potentially accept applicants that receive tronc payments (tips etc) when assessing affordability.

Warning Notes:

These need to be evident on payslips for the Society to consider them and it is likely we'll take 50% (as we do with all regular payments in addition to basic).

Criteria categories:
  • employment income
  • income

Last updated:

25 March 2020

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