Ryanair New Brookfield Contract= Mortgage Trouble??
Attention all (UK) Brookfield Pilots operating for FR.
I have just been informed that the "Irish Tax Status" of all new UK Brookfield pilots operating for Ryanair means that despite decent earnings you have a very low chance of obtaining a UK mortgage.
Natwest private banking being an exception for pilots already with an account.
This discsussion has taken place over some weeks with various lenders and brokers.
Halifax actually laughed at the proposition of someone with a "Forced" Irish Ltd Company (for the sake of tax purposes), taking out a UK mortgage.
They also detailed that any UK citizen Re-mortgaging their existing property would come under the same scrutiny.
The Tax office have said that Brookfield guys by law, are quite entitled to set up UK Ltd companies but are not afforded this opportunity by Brookfield/Ryanair.
Some more food for thought and/or an opportunity for anyone who has overcome this hurdle to pitch in as appropriate.
Regards
CR