What will we need to increase your deposit limit?

If you want to change your deposit limit, we might need a bit more info from you, such as:

• How much do you want your new monthly limit to be?
• Proof of your income: like three payslips from the last three months, or a recent P60 or tax form (UK: SA302 / IE: Form 11) accompanied by a recent bank statement showing regular income. 
• Additional/Alternative Income: If you have other additional/alternative sources of income, such as savings, investment portfolios, or a pension, please let us know and provide documents that verify this income.

Will you need anything else?

We'll also need more information about your discretionary income. 

Discretionary income is the money you have left over after taxes and essentials, like, bills and groceries have been paid. 

To calculate it, subtract your essential outgoings from your monthly net income. For example, if your net monthly income is £2,000 and your essential expenses total £1,500, your discretionary income would be £500. 

If you're satisfied with this information, click here to proceed with the Deposit Limit Challenge process. We're available to talk 7 days a week, 8am-8pm on weekdays & 8am-6pm on weekends.

Please ensure you have your documents handy before contacting us, pay slips are the fastest way to verify. Without this information, we'll be unable to look at increasing your limit.