We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Barclays mortgage savings currency question
Options
aelara1983
Posts: 1 Newbie
Hello,
I am a contractor in Italy at the moment and I am usually based in Newcastle Upon Tyne where I have my residential property and I am willing to buy a buy-to-let one. I called Nationwide and when I told them that I am getting paid in Euros they rejected my application. I am aiming to Barclays now. The thing is that I am running everything through my UK limited company (taxes, salary etc.) but I am getting paid in Euros at the moment. When Barclays will ask me for proof of income, I will print out the statements in Euros and I don't know if they will reject them as well even if I running through a UK ltd as I mentioned above. Any advice/help would be much appreciated!
I am a contractor in Italy at the moment and I am usually based in Newcastle Upon Tyne where I have my residential property and I am willing to buy a buy-to-let one. I called Nationwide and when I told them that I am getting paid in Euros they rejected my application. I am aiming to Barclays now. The thing is that I am running everything through my UK limited company (taxes, salary etc.) but I am getting paid in Euros at the moment. When Barclays will ask me for proof of income, I will print out the statements in Euros and I don't know if they will reject them as well even if I running through a UK ltd as I mentioned above. Any advice/help would be much appreciated!
1
Comments
-
If you are looking for a BTL mortgage then a broker is your best option. Many lenders do not deal directly with customers.1
-
Income derived in a currency other than sterling can be problematic and is likely to be a case for a broker to place for you.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards