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  • 31-03-2020 6:38pm
    #1
    Site Banned Posts: 6


    When searching for answers this website came up and it seems very helpful.

    My query is about someone employed by a family member. The company is new and the only employee is the family member. They get paid a salary every 2 weeks. When applying for a mortgage, will this cause any problems?


Comments

  • Registered Users Posts: 1,622 ✭✭✭Baby01032012


    When searching for answers this website came up and it seems very helpful.

    My query is about someone employed by a family member. The company is new and the only employee is the family member. They get paid a salary every 2 weeks. When applying for a mortgage, will this cause any problems?

    When you say recent have they previous employments - banks will require at least 3 P60s. Is this person being paid through the books with paye/prsi returns to revenue, payslips, p60. Are they on probation. If less than 6 months/ on probation banks probably won’t consider them.


  • Site Banned Posts: 6 Simonkelly98


    When you say recent have they previous employments - banks will require at least 3 P60s. Is this person being paid through the books with paye/prsi returns to revenue, payslips, p60. Are they on probation. If less than 6 months/ on probation banks probably won’t consider them.

    On another thread, it was said that p60's haven't been issued since 2018. And also that you just need the previous years statement. They are being paid through the books and all that and are on probation. Apart from that there are no issues?


  • Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Mod Note

    Please stop posting the same question in multiple places.

    Thread closed.


This discussion has been closed.
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