Hi
Im looking for some advice or if someone has been through a similar experience.
I am about to become a shareholder (as of 1st April) in my employers company (only a small share of 1%) and paid a small salary and the rest will be paid in dividends.
Would this effect a remortgage when removing an ex partner and adding a new one to the mortgage? Im not sure of the implications this might have - or if I am making a big mistake and should just remain salaried on a higher pay! As its a remortgage with my current provider Intelligent Finance Im wondering if they will need to recheck me or just my partner?!
Thanks
Im looking for some advice or if someone has been through a similar experience.
I am about to become a shareholder (as of 1st April) in my employers company (only a small share of 1%) and paid a small salary and the rest will be paid in dividends.
Would this effect a remortgage when removing an ex partner and adding a new one to the mortgage? Im not sure of the implications this might have - or if I am making a big mistake and should just remain salaried on a higher pay! As its a remortgage with my current provider Intelligent Finance Im wondering if they will need to recheck me or just my partner?!
Thanks