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Self Employed Help!
cherryx3x3
Posts: 61 Forumite
My partner and I have recently applied for our first mortgage.
He is self employed and has just in the last 8-9 months opened a second business. What I need to know is how does this affect the mortgage application?
We have submitted the last 3 years SA302 forms which only include income from the first business as the second hasn't been running long enough to have a tax return except this years which is still in a backlog with the accountant.
Can we supply bank statements for both companies as proof of income as this is essentially what he is making now?
I hope someone understands this as my MA doesn't seem to want us to submit both even though it will double what my partner is bringing in.
He is self employed and has just in the last 8-9 months opened a second business. What I need to know is how does this affect the mortgage application?
We have submitted the last 3 years SA302 forms which only include income from the first business as the second hasn't been running long enough to have a tax return except this years which is still in a backlog with the accountant.
Can we supply bank statements for both companies as proof of income as this is essentially what he is making now?
I hope someone understands this as my MA doesn't seem to want us to submit both even though it will double what my partner is bringing in.
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