I got about 50% included based on being able to show a good consistent history of annual payouts over the last few years. Banks will vary on how they treat them, a good broker will know the score.
I got about 50% included based on being able to show a good consistent history of annual payouts over the last few years. Banks will vary on how they treat them, a good broker will know the score.
Your 50% figure is what I would have said. It's generally the average of last 2/3 years that's used, so it needs to be a regular amount to be of benefit.
Your 50% figure is what I would have said. It's generally the average of last 2/3 years that's used, so it needs to be a regular amount to be of benefit.
I thought it would be helpful to follow up on this for others who may be in the same position. We had approval in principle with AIB with the shares taken into account as income. This was based on income received by me for the last three years.
They pulled this approval in priniple today citing a policy change in the last week with regard to taking shares into account for income. The agent said this was in response to the Covid 19 situation. They also mentioned they had a number of applications from others that were in the same position and expected a significant impact to lending amounts as a result.