How many years of accounts will I need to get a mortgage if I am self employed?
I am looking to become self employed but will want to upsize my house in a couple of years time. With the imminent withdrawal of self certification mortgages, will it be difficult for me to get a mortgage? How many years accounts will I need to be able to provide? I am married, but my husband has a very poor credit history so the mortgage will be mine alone.
Personal Finance - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
For the past few years it has been 3 years of audited accounts and you will need to be seen to be making a profit no matter how small.
Answer 2 :
it's usually 2 years but sometimes less depending on how much you want to borrow
Answer 3 :
a financial advisor will self certify you if you are self employed. so you dont need to show your accounts.
Answer 4 :
Yes, it will be difficult (self-certification mortgages from the major lenders was withdrawn over a year ago, it's 'Interest Only' deals that are now disappearing) You will need to show 2 - 3 years certified accounts (or your Tax Returns) and the Mortgage will be based on some multiple of your pre-tax income (i.e the profits) .. Be aware that, it is HIGHLY UNLIKELY that you will make ANY profit in the first 2 or 3 years of running a Business as self-employed UNLESS you are working as some sort of highly paid Consultant etc.
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Sunday, July 28, 2013
Sunday, July 14, 2013
How long for credit card transactions to be processed through your account?
How long for credit card transactions to be processed through your account?
I paid for some petrol on 18th October nad the charge hasn't gone through my account yet. How long does a company have to produce the slip to the bank?
Personal Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It will usually come at the begging of every month, when you get your bank statement. if you do not get this, contact your bank.
Answer 2 :
It should be near enough automatic - 3 days max. Looks like you haven't got charged!
Answer 3 :
3 working days i assume!
Answer 4 :
It is usually 2-3 days, but can be a lot longer. I once had a transaction that took 9 months to appear on my statement.
Answer 5 :
Mine is always in within 24 hours.
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I paid for some petrol on 18th October nad the charge hasn't gone through my account yet. How long does a company have to produce the slip to the bank?
Personal Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It will usually come at the begging of every month, when you get your bank statement. if you do not get this, contact your bank.
Answer 2 :
It should be near enough automatic - 3 days max. Looks like you haven't got charged!
Answer 3 :
3 working days i assume!
Answer 4 :
It is usually 2-3 days, but can be a lot longer. I once had a transaction that took 9 months to appear on my statement.
Answer 5 :
Mine is always in within 24 hours.
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Sunday, July 7, 2013
How do i reactivate an old yahoo account?
How do i reactivate an old yahoo account?
i deleted my old yahoo mail account. now (surprise surprise) i need to reopen the same account to access other pages that its still associated with. i have the username but cant remember the password and everytime i try to change my password, it says yahoo cannot find that username but i know its what i used. it comes up as an actual email address when i search it in google! please help!
Accounts & Passwords - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You cannot if it's been none active for 30 days they cancel your account. it does not matter if it's none active for 30 they automatically delete it because your not using it
Answer 2 :
I did not delete my account
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i deleted my old yahoo mail account. now (surprise surprise) i need to reopen the same account to access other pages that its still associated with. i have the username but cant remember the password and everytime i try to change my password, it says yahoo cannot find that username but i know its what i used. it comes up as an actual email address when i search it in google! please help!
Accounts & Passwords - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You cannot if it's been none active for 30 days they cancel your account. it does not matter if it's none active for 30 they automatically delete it because your not using it
Answer 2 :
I did not delete my account
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Monday, July 1, 2013
How do I delete an xbox live account?
How do I delete an xbox live account?
I need to set up my account again because of certain errors that cant be fixed. How do I delete my current account.
Xbox - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
you need to call 1-800-4-MYXBOX and tell them all your account information then it shud b deleted soon
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I need to set up my account again because of certain errors that cant be fixed. How do I delete my current account.
Xbox - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
you need to call 1-800-4-MYXBOX and tell them all your account information then it shud b deleted soon
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