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Mortgage - Full Time + Self Employed Sole Trader
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joed72
Posts: 34 Forumite
I work full time and earn 47k a year - I also work freelance as an artist although this work has dried up much more as I work full time on a PAYE contract.
I still undertake Self Assessment - as I have monthly outgoings with an artist studio of £50 a month and some material costs - plus the occasional piece of work I make which I then have to pay tax on.
Question is - when I apply for a mortgage do I mention the Self Assessed element - which basically is either in deficit or just minimal profit or do I just focus on my full time salary which is PAYE?
I still undertake Self Assessment - as I have monthly outgoings with an artist studio of £50 a month and some material costs - plus the occasional piece of work I make which I then have to pay tax on.
Question is - when I apply for a mortgage do I mention the Self Assessed element - which basically is either in deficit or just minimal profit or do I just focus on my full time salary which is PAYE?
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Comments
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It is up to you, but it sounds like your self employed income will not add much to the application, so I would probably leave it off personally, but I am only saying that based on limited information.I am a Mortgage AdviserYou 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.0
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