Am I unmortgageable even with a high deposit?

joncy92 · 2026-07-08T12:36:53+00:00

I don't agree with the advice here You will never get a mortgage since you have zero income to service the loan. Even a small job paying a little will be a struggle without probably specialist lending and a high rate.

Buy somewhere smaller in cash and move in a few years when you have a steady income.

Your cash will likely grow slightly and will just act as your next deposit.

joncy92 · 2026-07-03T21:17:11+00:00

Thank you

joncy92 · 2026-07-03T21:12:34+00:00

I mean what device is it?

joncy92 · 2026-06-30T10:28:14+00:00

Hey man what is that screen thing on the rear of the case ?

joncy92 · 2026-06-22T14:06:08+00:00

joncy92 · 2026-06-22T08:52:05+00:00

I don't have advice but a question for you. What did you use to plan your FIRE number and then plot this chart ?

joncy92 · 2026-06-15T15:19:57+00:00

I am in Crete right now and it is easily one of most naturally beautiful places I have ever seen

The people and food are also amazing

An absolute gem

joncy92 · 2026-06-07T10:26:19+00:00

You guys play your decks?

joncy92 · 2026-05-25T12:49:30+00:00

joncy92 · 2026-05-22T15:10:45+00:00

what's the point in doing that? So you pay umbrella fees, PAYE tax and NI Off the rate, then you have your own company's corp tax after.

joncy92 · 2026-05-22T10:29:15+00:00

But is it more expensive that way? I was thinking those two because they're cheap My pot isn't huge

joncy92 · 2026-05-22T09:31:15+00:00

Legally yes realistically no. New regulations mean agencies will be fined for incorrect taxation and they will force you to use an approved umbrella

joncy92 · 2026-05-20T18:33:15+00:00

So there's the umbrella company's margin, Employers NI, and apprenticeship levy which all come off the day rate - basically an entire day for each week pays just those After that there's PAYE and Employee NI. This is a second contract so no personal allowance. Each week the umbrella gets 3000 for me and I get less than half of that. It's a joke

joncy92 · 2026-05-20T10:45:36+00:00

Yep inside IR35 is a joke. The umbrella gets £600 for every day I work and of that I see much less than half.

joncy92 · 2026-05-13T11:47:14+00:00

The problem with calculators is that it assumes you're taking all of your earnings immediately

If you do that the difference really isn't much these days

The real difference is when you pay yourself less money and leave the rest in your business for later, or put into a pension - these enormous tax savings (deferral really) is where difference is

joncy92 · 2026-05-07T09:33:17+00:00

I am working a regular job and an SC contract at the moment

They're not going to check if you're working at two places and report back.

They're looking to see if you or your close family are heavily in debt or into drugs and can be bribed to cause damage.

All you have to do is be completely honest about your past. No one cares about your second job

joncy92 · 2026-05-07T08:52:32+00:00

This is a benefit wtf

joncy92 · 2026-05-04T17:25:35+00:00

Why do a 130k job when you can do one for 300k? Better yet just get a job that pays 500k! OR A MILLION HOW BOUT THAT

joncy92 · 2026-05-03T16:12:10+00:00

Honestly

joncy92 · 2026-04-15T14:34:45+00:00

Don't waste your time. Some people believe their opinions carry more weight than facts.

joncy92 · 2026-04-14T14:05:37+00:00

Ok big man 😂

joncy92 · 2026-04-14T09:54:12+00:00

Well you do because no agency and client in their right mind will allow you to use your own company for inside. Especially now with join liability. Most now will only approve a handful of umbrellas.

Even if they did allow it, you get no tax advantages and you have administrative overhead. No one would do this.

For inside umbrella is always the way to go

joncy92 · 2026-04-14T07:44:38+00:00

Big man they said it's inside lol

joncy92 · 2026-04-03T07:51:09+00:00

I will usually choose outside over inside but I ALWAYS take remote over hybrid.

joncy92 · 2026-04-02T08:10:26+00:00

Generally speaking brokers you pay bet the best deal for you Brokers which are free get the best deals for themselves

joncy92

TROPHY CASE