PAYE Versus Fixed Term Contract for Mortgage Application

[ziggystardust]

I am looking to apply for a first time mortgage but, now being faced with the dilemma of taking a 6 month PAYE role via a recruitment agency or another 12 month fixed term contract direct with an employer, I'm unsure which would make me more of a risk to a lender. Although I have been contracting for...

[superdeano]

I'm trying to get a joint mortgage with my partner at the moment for our first home.

Been contracting for years and can evidence income/accounts/history/current contract/rate etc. - all good.

My partner was at home not earning when our kids were young up until about 18...

[SimonMac]

Completed (finally) on our house purchase on Friday, went to my bank (who I have personal and business accounts with) and they looked at me as if I have three heads, went to CMME and they were amazing from start to finish, would recommend to anyone looking for a contractor mortgage.

[bherbert]

Hi

I was a contractor for a number of years and managed to get a mortgage whilst I was working through my own Limited company. I suspended my company about 2 years ago as I have spent a few years working as a permie.

I have been offered a contract and I wonder if it would...

[benjimarshall]

Hi,

Let me start by saying I hope i'm posting in the correct section of the forum! I'm looking to get a mortgage in the next 6 months and I am wondering how to maximise my chances of being accepted for a mortgage as a contractor. The main thing i've been trying to do is build my credit...

[Markie BII]

Hi. Newbie here. Have looked through archives but can't see this coming up before - possibly because it's barmy, you tell me.

I have a one-man limited company, from which I currently take a £12k annual salary and c £36k dividends. I'd like to divert some of the dividends into pension...