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Wife payslips from my company

Hi,

My wife and I want to apply for our first mortgage.

I am an employee of one company which I will be using for my mortgage application.

I also have my own limited company which I used to work for, but now entirely for this other company. I do not take a wage or dividends. My wife is a PAYE employee of the limited company though (but not a director).

Is there any issue that I would be a director of the company she takes a wage from? Is that something that worries a mortgage lender, or would they not care/take it into account as long as she get's the payslips and money into her account?

Thanks!

Comments

  • kingstreet
    kingstreet Posts: 39,316 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    She will probably be asked for confirmation from Company's accountant that her income is sustainable.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • Thank you for the confirmation, I was assuming something like that.
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