Accountant - Advise SE/ Ltd Under An Umbrella

[dal]

I am looking for a specialist accountant/ umbrella company to advise & undertake my accounts as a construction industry professional. Currently entertaining offers of £95k under self-employed or Ltd status. I want to use an umbrella company because according to the mortgage advisor this makes it easy to get a mortgage in a short time as I have just had over a year off & eaten into some savings & cannot afford to loose 2 years waiting to file accounts & build a credit rating... My personal credit rating is good but obviously the year off will not help me one bit with a mortgage.

I was not greatly impressed with the accountant I used to use so I am looking to change:

• Umbrella company recommendations? I have spoken to a one which handles Sole-Trader status only; Ltd company is not an option with them; don't understand a great deal of this stuff so need sound advice
• Annual cost of services inc'd all fees/ financial costs howsoever worded?
• I do not have all details to hand at this moment in time as I do not know what exact options are with the current contractor already using an agency for this kind of thing but need to explore my options.

Grateful of input.

 

[tony84]

Do you get paid via CIS scheme? If so, just 3 months payslips should do the job.

Generally speaking you will need 1 years accounts whether self employed or limited company - anything other than that I cant help but think the broker is hoping to sneak something past an underwriter and hope it does not get picked up (I could be wrong).

On a side note, are you sure you should be setting up your business based on getting a mortgage?

 

[dal]

Thanks Tony, yes I'm not confient in the mortgage advisor as I can't see them approving just on a months wages. A colleague advised under PAYE he got a mortgage recently & the minimum is a month under PAYE. I'm not sure what to do yet, I'll have to speak with my old accountant & see what he advises.