Thanks for the quick response John. Another question now. As I was the principal of the company I was (well still am) authorised and registered with the FSA. This will obviously stop as soon as I go BR. As a result of this my income has fallen Dramtically!! now got a part time job with a salary of £12,000 per year. There will be no excess left after expenditure. The mortgage on our residence is £1650 a month so have to stop paying that. Rent for new house will be around £700 per month. Do I put the expected rent on the forms or do I put the current mortgage payments as that would leave me with a minus straight away.
Back home after a hectic day of meetings and trying to sort things out. A BIG thanks to John who has spent 40 mins on the phone with me. Given me some good pointers. This site is great keep up the good work everyone.
We are just about to go into br next week.
Posted - 31 August 2008 : 20:31:27
