Sole trader unlimited company page

Sole trader unlimited company page

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ILOVEWATCHES

Original Poster:

186 posts

124 months

Wednesday 15th January 2014
quotequote all
Hello Guys and girls,

Recently come back from Australia, Been there for the last two years.

I now want to get a mortgage but been out of work for the last two years.

Im a qualified electrician but do not want to go down the route of self employed because i would need two years accounts to get a mortgage.

Is there anyway i can set up a company and pay myself PAYE?

Someone mentioned to me 'un limited' company so i don't have to file accounts. And i then can pay myself PAYE and then would only need 3 months pay slips?

Im looking at buying a house for 120k and got 24k saved up.

Any advice would be great, Thank you...

ILOVEWATCHES

Original Poster:

186 posts

124 months

Wednesday 15th January 2014
quotequote all
Also, Ive done a experien credit search and everything is good and proper....999 rating

ILOVEWATCHES

Original Poster:

186 posts

124 months

Wednesday 15th January 2014
quotequote all
So my only option then is to go work directly for a company for say 6 months on PAYE to get pay slips etc?

Am i still considered employed if i get work through an agency and paid through a UMBRELLA COMAPNY?

ILOVEWATCHES

Original Poster:

186 posts

124 months

Thursday 16th January 2014
quotequote all
Eric Mc said:
Generally, yes.
Was this yes to the umbrella company or 6 months PAYE?

Thanks

ILOVEWATCHES

Original Poster:

186 posts

124 months

Thursday 16th January 2014
quotequote all
Thanks for that Eric.

To throw a spanner into the works, If i currently owned a couple of BTL and was getting a income from that would that be looked into when they did a credit search on me?