Pls pls someone help !

Zini

Hi all,after reading for years in this forum decided to write here now as v r stuck pretty much for a mortgage.
As a short story,dh is doctor worked for nhs more than 12 yrs in full time employed paye alongside locums paid through company with an accountant.from last sept 2014 he is only on full time regular locums works for nhs but paid to company account as it benefits more.we want to buy a second home now with price of £475,500 out of which v r putting the deposit of £255,000 which we will get as we have sold the current one with nearly paid off mortgage
Got a Dip agreed from Scottish widows but they need Sa032 .our accountant says we didn't need to file a personal one and company's is done online.so no sa032 but lenders n all mortgage brokers needs sa032.so our mortgage got turned down..
Tried many mortgage advisers from January but no one has explained r we eligible for Sa032 n if so why r we not getting it
Finally called up Hrmc but they said dh have nt registerd.so Dh have registerd thro post.cant understand for who this sa032 form is for?. Throughout dh income all were paye or thro company where accountant submits the tax return, dh never has any payments in his personal account before tax.can someone give any advice pls?? As right now we lost hope !dont know where to go,,

amnblog

Did you apply direct to the Bank or via a broker?


We deal with Drs all the time and have just had a similar case.

Zini

amnblog wrote: »

Did you apply direct to the Bank or via a broker?


We deal with Drs all the time and have just had a similar case.

thats great! were u able to get a mortgage for that case??
he's got the latest company tax return yesterday filed with profit dividend of £48,000 in which only both of us are 50%share holders each.

amnblog

are you trying to deal direct or via a broker?


We often get cases through with this Lender that clients have failed with on direct application.

Zini

amnblog wrote: »

are you trying to deal direct or via a broker?


We often get cases through with this Lender that clients have failed with on direct application.

we did it through broker but still no luck.
have u come cross cases like this successfully without sa032??
because few of our friends on the same boat got mortgage from the same lender & they weren't asked for this form.
so we just don't understand why we require this form?

amnblog

If the broker has said the Lender needs the SA302s it will be because they will be required to evidence previous trading income.


Why can the Dr not simply submit the self assessment returns, obtain the SA302s from HMRC and return to the Broker with them to obtain the Lending required?

Zini

amnblog wrote: »

If the broker has said the Lender needs the SA302s it will be because they will be required to evidence previous trading income.


Why can the Dr not simply submit the self assessment returns, obtain the SA302s from HMRC and return to the Broker with them to obtain the Lending required?

when called hmrc they said dh needs to register, so he has registered now.but don't have a clue is that the way to get a sa302 and how long it takes

Tim_Bisley

Zini wrote: »

when called hmrc they said dh needs to register, so he has registered now.but don't have a clue is that the way to get a sa302 and how long it takes

This may help: http://lmgtfy.com/?q=how+to+obtain+form+sa302

amnblog

Zini wrote: »

when called hmrc they said dh needs to register, so he has registered now.but don't have a clue is that the way to get a sa302 and how long it takes

Why not ask the broker?

andyfromotley

I take it you are paying your broker? In which case they should be able to answer your questions???