Mortgage for company owner with only 1 years of account

RX-78

We are going through similar kind of problem. We are awaiting on decision by HSBC's under writers but not expecting a favourable decision after waiting for a week! I've spoken to few brokers all of whom said HSBC is very picky although they have very good rates. I wish I knew this before starting!

Our only slight saving grace is we have 25% deposit and my partner is on permanent employment. But we are thinking of moving on if HSBC cant give us an answer very soon....

VIGILANT22

QUOTE: HSBC is very picky although they have very good rates.
True...they advertise headline rates to draw people in then cherry pick from the masses.........

[Deleted User]

Silly question, but could you not salary yourself a 'normal' figure for three months? Typically directors of LTD salary themselves a very small amount for NI purposes and then draw the rest down in dividends - could you not (although this isn't the most tax-efficient way of doing it) salary yourself the equivalent of, say £40k a month for 3 months, issue payslips and then just state you are employed?