Am in the middle of applying for a mortgage and the brokers (Habito) have asked me to find out why my salary is paid via Faster Payments.
I have absolutely no idea why this would be important, and when I asked payroll for advice they said they'd never been asked before.
I'm curious - has anyone else been asked, and/or know why this is important?
I suppose the implication is that it's less stable/more likely to change if it's done adhoc each month? Not saying I agree, but I'd imagine that's the concern.
@tyeness started
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Am in the middle of applying for a mortgage and the brokers (Habito) have asked me to find out why my salary is paid via Faster Payments.
I have absolutely no idea why this would be important, and when I asked payroll for advice they said they'd never been asked before.
I'm curious - has anyone else been asked, and/or know why this is important?