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Remortgaging before new job starts using employment contract
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Eric_the_half_a_bee
Posts: 2,296 Forumite

Hi
I'm in my early 50s, moving from self employment to an employed position and wish to remortgage (10 year term, 30% LTV, 2.7x base salary).
For tax planning reasons I would ideally remortgage before the job starts using my signed employment contract alone as evidence of income. Does anybody know of lenders that would make an offer on this basis?
My previous self employed income is also more than adequate to support the application, but I suspect that would complicate the application process quite a lot, so I'm assuming it would be better to avoid this.
Thanks
I'm in my early 50s, moving from self employment to an employed position and wish to remortgage (10 year term, 30% LTV, 2.7x base salary).
For tax planning reasons I would ideally remortgage before the job starts using my signed employment contract alone as evidence of income. Does anybody know of lenders that would make an offer on this basis?
My previous self employed income is also more than adequate to support the application, but I suspect that would complicate the application process quite a lot, so I'm assuming it would be better to avoid this.
Thanks
0
Comments
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get a broker to go through your individual circumstances and find you a lender"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0
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