PAYE & Second Job Income!

Tomjf93

Hi,
Hope someone can advise...
I have been PAYE for many years and at my current role for the last 12/13 months - I have now recently been approached to do some part time work as an additional income.
I am also looking into getting a mortgage on a property on my own, what is the best option for me to take with regards to declaring the additional income to gain the best possible outcome.. i.e sole trader/setting up a limited company? looks like I would have to be a sole trader for a year for it to be taken into account? I'd preferably want to get it as soon as possible..
Any answers or advice would be greatly appreciated!
Thanks
Tom

comeandgo

Why can't you do your second job PAYE?

Tomjf93

comeandgo said:

Why can't you do your second job PAYE?

Hi - that would be first choice but down to the employer if they want me on the payroll - won’t know until next week.. trying to get ahead if the case is that they don’t.
Thanks! 

haras_n0sirrah

If paye most lenders will want 6 months in the new job (some are less but will look at plausibility)
If self employed most lenders will need 2 years self employment (a couple are ok with 1)