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First time buyers. Do we have a chance?

20somethinghousewife
20somethinghousewife Posts: 175 Forumite
edited 28 April 2014 at 11:40PM in Mortgages & endowments
Any advice appreciated.

Comments

  • ACG
    ACG Posts: 24,685 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Some will take wages (not dividends) and net profit of the company, others will take wages and dividends.

    As the saying goes, you cant have your cake and eat it. If you use clever account to reduce your wage you cant then use the bit you dont pay tax on towards a mortgage.
    I 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.
  • ACG
    ACG Posts: 24,685 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    You should know what is happening to your accounts better than anyone.

    He could be creaming off £10k for himself? Your accounts are the reason you are in business.
    I 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.
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