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Will I have any problems getting a mortgage?
Audia6_2
Posts: 6 Forumite
Hi all, I have an annual salary of £20.000 and a good credit rating. I am looking to buy a flat in the region of 95k with a deposit of £50.000.
The thing is, for the last 12 months I have been working for a British company based in England, however I have spent most of my time abroad working as an international adviser working from overseas for this company . My role will now change in the next few months where i'll be mainly based in UK.
My wages are paid into my British bank account with British payslips.
Is this gonna be acceptable for banks when I apply for a mortgage?
The thing is, for the last 12 months I have been working for a British company based in England, however I have spent most of my time abroad working as an international adviser working from overseas for this company . My role will now change in the next few months where i'll be mainly based in UK.
My wages are paid into my British bank account with British payslips.
Is this gonna be acceptable for banks when I apply for a mortgage?
0
Comments
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Yes fine. So long as UK tax is paid and payslips issued its acceptable.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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Sorry to barge in here - can I ask why paying UK tax is important?
My partner works abroad, and the country he works in is tax free. Our mortgage adviser told us this isn't a problem as long as he's paid in pound sterling.0 -
He also doesn't get issued payslips either, not in person anyway they are emailed to him. Again this was not a problem.
It seems to me like getting mortgage advice on something more complex is all very differing in what's required.0 -
Ideally I'd go for an interest only mortgage.
Is that now more difficult to get?0 -
Ideally I'd go for an interest only mortgage.
Is that now more difficult to get?
You'd have more chance getting a Knighthood in this year's Birthday Honours List.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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
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