A couple of days ago, the below flew into my mailbox from HMRC;
Documents to support loan and mortgage applications- UpdateIn our last communication we told you about the work we have been doing with the Council of Mortgage Lenders to improve our online documents. In particular how we have improved the Tax Calculation (SA302) and Tax Year Overview so that Lenders can consider accepting them as evidence of income returned to HMRC for loan or mortgage purposes. For guidance on this please see pages 11 & 12 of Agent Update 48 We also told you that the new process is still embedding with Lenders. Below is a list of lenders that have told HMRC they are now operating the new process (this list is provided on 3 September 2015):
Aldermore Bank of Ireland Bank of Scotland Barclays Birmingham Midshires Britannia Cheltenham & Gloucester Cheshire Mortgage Corporation Co-operative Bank Coventry Building Society Danske Bank Ecology Building Society GE Money Home Lending Godiva Mortgages Ltd Holmesdale Building Society Halifax Kensington Mortgages Lloyds Bank Mortgages PLC National Westminster Bank Nationwide Building Society Nottingham Building Society Platform Post Office Ltd Precise Mortgages Royal Bank Of Scotland Saffron Building Society Santander Scottish Building Society Scottish Widows TSB Wave Lending Woolwich
Please note: this list is not a statement of a lender’s lending policy. You should always refer to the lender for confirmation of its lending policy at the time. HMRC emphasises you should always check which documents the lender requires before advising their clients or obtaining the necessary documentation your client’s behalf. Kind Regards Toni Clark Head of Digital Agent Engagement |