Mortgage if my company employs my fiancé?

HopeAndDriftWood

I'd just like a second opinion on this, please - I'm no expert in these areas! 
My fiancé and I are trying to move house. He got a mortgage offer based on his income alone last year, as I'm self-employed and don't yet have a full two-years account.
In the meantime, he's become employed by my company. It is all above board, we do complimentary things and he is paid PAYE at the market rate, all handled by a payroll company.
We've told the mortgage company that he's not employed by the same company anymore, and I had imagined that would be that for house-buying for a while, until I have a full two-years of accounts and whatever else is required post-Covid, but our broker has said it does not matter that I own the company and my fiancé should be able to get a standard mortgage as he is employed. Which seems a bit bizarre as I earn more than him (better billable rate 😆) 
Is this correct? He could send all the usual proof... I just figured they'd now consider us both self-employed, if I'm honest! 

blue_max_3

I'm self-employed (director of my own company) and don't show huge earnings. I have a number of clients and can afford to lose one or two each year. And maybe gain one or two as well. I could buy a property outright and have a perfect credit score with no debts. But I'm unlikely to be offered much of a mortgage.  
However, an employee can get a sizeable mortgage just because they are in full time employment at the moment of application. And now, even furloughed, they can get a mortgage. Bearing in mind that there is more than a passing chance they are effectively out of a job!
At least mortgage providers are limiting what they will lend without a good deposit, so maybe this madness won't be too catastrophic.
Seems being an employee is a magic bullet. 

[Deleted User]

If your fiance has a track record of earning similar employed income, then I'd think it would be possible - subject to being able to prove that it's not unusually high.

For example, if he previously earned £25,000 and now he's earning £75,000 with you - no hope. If he earns around the same as previously, and can prove this (e.g. P60s), then it would depend on the lender.

And if the lender are happy to consider him, they may also consider you (two years accounts or more is ideal, but it can be done with 1 year signed off). Definitely need a broker though