Salary/Dividend and renting private property from the Agency
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    Default Salary/Dividend and renting private property from the Agency

    Hello all this is my very first post, I am Arthur and I have my little ltd company. As I am newbe I've got couple question. I do pay myself basic salary (minimum wage) and dividends each month at the minute I am looking to rent new home for my family and I am wondering how to show my income to property agency. Should I show my payslips and dividend voucher as my income ? many thanks.

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    Ask the estate agency.

    Most of them don't like contractors or self-employed people so ask you to pay x months in advance.
    "You’re just a bad memory who doesn’t know when to go away" JR

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    Quote Originally Posted by SueEllen View Post
    Ask the estate agency.

    Most of them don't like contractors or self-employed people so ask you to pay x months in advance.
    I did ask but the answear was please provide your income so I think best way is to show my payslips and dividend vouchers for last three months.

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    I was totally fine. The misses is in full time employment though, so this may make a difference. The bugger estate agents may require last years self assessment and maybe a reference from your accountant (you do have one right?)...Though my accountant said he didn't hear anything from anyone.

    Another option I have heard of is someone signing as a guarantor

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    I said that I have Ltd Company and I am paid by salary + dividends and all what I was asked please provide your income from last three months so I am wondering if it is ok to send copy of my payslips + dividend vouchers.

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    Quote Originally Posted by ArthurB View Post
    I said that I have Ltd Company and I am paid by salary + dividends and all what I was asked please provide your income from last three months so I am wondering if it is ok to send copy of my payslips + dividend vouchers.
    Well if that's your income provide the information.
    "You’re just a bad memory who doesn’t know when to go away" JR

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    I've just rented a place and the agent used a portal for entering all this. One of the options was to ask your accountant (I knew I should have trademarked that). Just put my accountants details and it had fired a mail straight off to my account and job was a good un.

    You do have an accountant don't you????
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    sal
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    Two times i had to deal with this, the first time the agent/landlord was happy to proceed based on me paying 6 months rent in advance - shouldn't be a problem as a contractor you really should have at least 6 months worth of monthly expenses to cover bench time anyway. The second time i had to give them SA302 which is a summary of your income from your self assessment.

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    I've rented places in London for the past 5 years and have always just provided an accountants reference. No 6 months up front - just the normal deposit and (the now gone) ridiculous agency fees.

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