We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
sole trader , mortagage
mrsmonneypenny
Posts: 1 Newbie
hi, im a sole trader and wanting to buy a property i need a mortgage that is about 50%ltv
now what i need to know is i can provide 3 years or accounts no problem but can anyone tell me do they make there decision on the profit of the company at teh end of the year or will they look at my drawings that i took from the company
if anyone could asvise me before i go down this route
thanks
now what i need to know is i can provide 3 years or accounts no problem but can anyone tell me do they make there decision on the profit of the company at teh end of the year or will they look at my drawings that i took from the company
if anyone could asvise me before i go down this route
thanks
0
Comments
-
Usually net profits.0
-
Net profits and drawings0
-
Net profitsI am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards