Idea: Avoiding bad credit file by transferring wages to husband?

Katanaji

Hi, I am desperately looking for help...

The situation: I am French and I have a bad credit report/score (defaults several years back, no current account [use cashplus], no credit card, patchy address record as I can't say I lived abroad for my PhD etc). My husband is British and his profile is stellar. I feel terrible to be the one holding us back

The idea: give him my wages, so affordability can be assessed in his name only. We both have well-paid permanent jobs, we are in our mid-twenties, my husband also has his own Ltd company for a biotech we started up together.

I was wondering if I could "buy" my salary's worth in his company's services - but then wouldn't my income would be tax twice, once as mine and once as his?
Or perhaps set up a trust in his name?

Any help/idea/insight is welcome! I can't imagine we'd be the first ones to think to do this :A

Tixy

Yes the income would be taxed twice if you treated it as income in his Ltd company (assuming he is VAT registered then it would arguably be 3 times).

How old is the most recent default on your file? how soon until they fall off your credit file?

Perhaps try asking on the mortgages section of the forum where there are a number of mortgage brokers who post regularly.