I'm a contractor currently employed on a fixed-term contract which has been renewed several times. I'm on a fixed day rate but get holiday allowance on top of that. We're going through a financial advisor to get us a mortgage and got to the AIP stage with Halifax. However, they've now come back saying they won't count my holiday allowance as salary. This means there's now a £100k difference between what they'd initially said they'd be willing to lend vs now. I'm really worried. Has this happened to anyone else? Our broker has gone back and asked the underwriter to check my contract which states any holidays not taken will be accrued and that payment made in one lump some later on but I'm not sure if this is a point if no return for Halifax or not.
Needing reassurance :(