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Mortgage application for Agency or Limited
Skymonkey
Posts: 2 Newbie
Hi all.
Absolutely love these forums - a hive of such valuable information.
I've been agency worker for the past 7 years through the PAYE system. I'm about to take a new contract on, this time for 13 months (but renewed every 3 months as I'm paid through the agency).
My employer has emailed saying they want me for 14 months. Now, in order to get a mortgage (which I know has various pitfalls if you are agency staff) would it be better for me to now be:
PAYE standard
Limited company (submitting my own accounts to my own accountant, which I have not done before).
I am wanting to purchase a house in 2014 for approx 80k with a 10 - 14k deposit.
Just wondering which is the best route and if any advice can be given re the best route forward (broker, financial adviser etc).
Thanks.
Absolutely love these forums - a hive of such valuable information.
I've been agency worker for the past 7 years through the PAYE system. I'm about to take a new contract on, this time for 13 months (but renewed every 3 months as I'm paid through the agency).
My employer has emailed saying they want me for 14 months. Now, in order to get a mortgage (which I know has various pitfalls if you are agency staff) would it be better for me to now be:
PAYE standard
Limited company (submitting my own accounts to my own accountant, which I have not done before).
I am wanting to purchase a house in 2014 for approx 80k with a 10 - 14k deposit.
Just wondering which is the best route and if any advice can be given re the best route forward (broker, financial adviser etc).
Thanks.
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