Is anyone here a mortgage/financial advisor or has applied recently?

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Hi all. We are looking to get an agreement in principle, but as I was furloughed for 6 months last year, what would my yearly salary equate to? Is it what I’ve earned in this tax year or what I’ll earn without furlough deducted?

Because I took holiday at full pay through this time, the wages were always different rather than a set 80% each month?

Am I overthinking this or will I have to sit and work it all out by adding up my individual payslips over the last 12 months?

When were you furloughed? If you are now back to full pay then your salary is as per your contract,. DH and I had a few months on furlough but I had 3 months back at full salary (and corresponding pay slips) and him 2 which the lender said is fine.

@TheFlis12345 I’ve been back since September of last year, they are not looking to furlough again

We had to sign a Covid disclaimer to say Covid hadn't affected our income. I had actually been on furlough, and went on furlough again the week after application went in, but looking at payslips you couldn't really tell as my hours change. I didn't lie, just said had previously been furloughed but my partner's income is enough to cover the mortgage so I just reiterated that on the form. My partner is classed as a key worker so we have that reliability of income.

In your situation if you are not likely to go back on furlough I think you'd be able to just fill in the form to say you aren't affected. Sounds like none of the payslips you have to provide will be affected anyway.

Thank you all! Just waiting for our next payslip, and will use current wage