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Yes, not keen on the mortgage fraud bit.
Guess it will all come out in the wash when I start applying. Slightly difficult bit is that the company has been running for about 5 years, but hasn't really shown any profit, until this year when it was restructured (hence me becoming director) and is now going to show a very healthy profit, just have to hope they don't see that as a one-off!
Sam_w-
Talk to an experienced mortgage broker. Many lenders won't like you for the exact reason you say and will want to see 2 good years, a few are more understanding.
Do you need to remortgage or move now? It might pay to wait a year.
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They may well look at the last three years accounts and take an average.
Hefty
Bainbridge
Mortgage companies won't worry about when you take your dividend, they'll look at the company accounts. If there's enough profit to take a decent divvy then the accounts will show this and all will be well.
Lots / most / all high street lenders will just want an SA302.
I suppose you could deny being a director/partner, hope they don't check and then falsify the employment reference when it comes through to say you're all PAYE, but I'd not recommend committing mortgage fraud, it could end badly for you.