I have been contracting since June last year and used to be paid by means of a generic offshore loan. Scary stuff.
I realized my mistake and exited the scheme end of last year. Going forward I favor a Ltd approach but the issue I face is that I want to apply for a mortgage this year. I need to know if getting paid by means of a Umbrella is a better idea simply because you get monthly pay slips you can use to proof your income. Anybody out there that successfully applied for a mortgage from a high street using pay slips from an Umbrella?
I want to borrow £275k on a house that costs £325k
I realized my mistake and exited the scheme end of last year. Going forward I favor a Ltd approach but the issue I face is that I want to apply for a mortgage this year. I need to know if getting paid by means of a Umbrella is a better idea simply because you get monthly pay slips you can use to proof your income. Anybody out there that successfully applied for a mortgage from a high street using pay slips from an Umbrella?
I want to borrow £275k on a house that costs £325k
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