Prepare the file

Barrister mortgage evidence

Fees can be billed long before they are paid. A lender may care about receipts, debtors, or both. Collect the chambers statement that shows the difference.

Chambers accounting statementIt shows fees billed, receipts, chambers charges and what was paid to you.
Aged debtOutstanding fee notes are not cash. List how old they are.
Years since pupillage or tenancyThe first years of practice are a different file from an established tenancy.
VAT positionGross fees and fees net of VAT should not be mixed.
Who to ask for a standard letterChambers can often confirm the figures. This page is not that letter.

What this page will not do

A good month of receipts can be payment for work done a year earlier.
Public access and employed practice use different evidence. Say which applies.
It will not name a lender, a product, or an approval chance.

Questions

Will unpaid fee notes count as income?: This page will not add them in. A broker has to ask the lender. Bring the aged listing.
I am employed by a firm. Is this the right page?: If you are on PAYE, the payslips matter more than chambers accounts. Say that at the start.

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