I am going through a separation and have to reapply for a mortgage for my home (to remove ex as guarantor). Never missed a payment, but they are saying I can’t afford a mortgage because my business hardly turned over anything in 2020 or 2021 as they won’t include the Vic govt subsidies as revenue.

Everything has come back to pre-lockdown levels now, but they will only use 2020/21 years and I am unable to hold off for the new financial year (it would include govt subsidies anyway).

Would love to know if anyone else has experienced this and especially if you’ve been able to find a solution.

It just doesn’t seem right that I could lose my home as a result of being made to close my business by the govt.