Lending criteria for zero-hours contracts income
Lending criteria
Zero-hours contracts income
Applicants who are on a zero hour contract will be accepted at 60% of earnings provided they have a minimum of 12 months evidence of sustainable earning on a zero-hour contract basis, and fall into one of the following occupations:
- NHS Bank nurses and locums
- Non-NHS Bank nurses
- Care Home Workers
- Supermarket Workers
- HGV Drivers
- Retained/On-Call Firefighters
- Armed Forces Reserves
- Supply Teachers.
Evidence Required
- Your clients last 3 payslips plus the bank statement showing the salary credit from your most recent payslip
- Copy of their current contract (excluding NHS Bank work)
- Copy of their latest P60.
Common-sense lending
We will consider cases that are outside of our lending policy in this area if you get in touch.
Relevant case studies
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