Mortgage

[colinrob]

I need to remortgage my house but biggest problem is I have my own business and my salary is £692 a month plus dividends I take home more now than I did when earning £45000 a year
I need a mortgage of £200 000 but would like £220 000, my house is probably worth around £420 00 to £450 000 I am 55 and my wife earns approx £1200 a month any advice
Thanks in advance

[colinrob]

I do declare my correct income and pay tax but tax on dividends is only 7.5% so whilst I take home more than I did when earning £45k a year my gross income now is only approx £30k and that is the figure mortgage companies base there earnings on

[colinrob]

I am not a contractor, I am one of three directors and we all own a third share of our relatively new business 18 months in fact last financial year we turned over £1.2 million but as a new business we cannot take too much out but we all earn a reasonable income just need a mortgage company that can see my ability to pay

[colinrob]

Will ring sarnie in the morning