All cases must include 

✓ Signed application declaration form and Direct Debit mandate (download below)

✓ Deposit - source evidence required

Direct debit mandate and application declaration – residential portal (X ref)

Direct debit mandate and application declaration – Specialist buy to let portal (Y ref)

Income
✓ If employed, latest payslip and P60
✓ If self-employed for 2 years: HMRC SA302 with corresponding 2 years tax year overview
✓ If self-employed for less than 2 years with 1 year SA302 and TYO available, we’ll also need 3 months’ bank statements

Buy to let applications
✓ If applicant has 4 or more mortgaged properties: portfolio schedule and business plan
✓ If 11 or more mortgaged buy to let properties with Aldermore: cashflow statement and statement of assets and liabilities for past 12 months

You’ll also need to supply the below items, where applicable:

✓ Contractors
Copies of current and previous contracts required, together with the last 2 years' SA302 and tax year overviews or latest payslip and P60 if contracting via an umbrella company.

✓ Residential
Interest only signed declaration

✓ Pensions
Latest payslip or pension P60

✓ Benefits
Latest award letter in the applicant’s name

✓ Debt management plan
12 months evidence of satisfactory payment

✓ Legal options on all company applications
You’ll be asked to confirm if your client is opting for separate representation, dual representation or assisted legals (if available).

Download our legal fee scales below:

Buy to let income verification

We don’t routinely ask for personal income verification for buy to let applications, subject to underwriters discretion.

Income verification will always be required:
✓ When surplus income is being used (top-slicing)
✓ For first time landlords
✓ For Individual name applications where the rent doesn’t meet the maximum ICR required for a high rate or additional rate tax payer

For more information, see our buy to let criteria guide.

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