Whether you’re a foster parent, carer or merely exploring the options, you might have realised that many banks & building societies are quite unhelpful when it comes to how they look at fostering income for mortgage purposes.
As Fostering income is treated differently for tax, the net income shown on your tax return or SA302 tax calculation from HMRC may be insufficient for the mortgage you want.
At Martland Mortgages, we’ve used our contacts, experience & reputation to gain access to lending facilities specifically geared for fosterers where fostering allowances are counted as income for the purposes of calculating the mortgage. Our range of foster care mortgages have proven to be very popular and we’re delighted to be able to help so many fostering families make the house move they want.
Visit Foster Mortgages, or for more information call us on 01704 808286 or make a no obligation enquiry.