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Limited company Morgage

Hi I'm after abit of help.. I work for an agency earning around 40k a year and I'm looking to get a Morgage on around 6 month. I currently get paid through an umbrella company but I have been offered the option of limited company. Does anybody know if I will have a better chance of getting a Morgage if I'm the owner / director of a limited company or should I stay out with umbrella.

Thanks for your help :)

Comments

  • ACG
    ACG Posts: 24,746 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Umbrella I think, but I think you will have options either way with a lender familiar with contractors (I am assuming you are a contractor).
    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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