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LittleSteroid

Mortgage While Changing Job

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Hi. I just have a quick question as opportunity has arisen. How long will I need to have been in new employment for to qualify for a mortgage?

Some ask for 3 months payslips. Others ask for 6 months although i'm not sure whether or not they count the split, i.e. continuos employment regardless of who the employer is/was. Obviously lending has been tightened up so don't be shocked if you get declined but not to worry as plenty others will be in the same boat and as a buyer you have all the time in the world right now.

Good luck.

:)

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Hi. I just have a quick question as opportunity has arisen. How long will I need to have been in new employment for to qualify for a mortgage?

How long is a piece of string.

Every lender is different. If you changed employer but kept the same job, lenders can be ok with this. If you started a completely new profession, some want at least 6 months, some a year, as long as they feel it is permanent.

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  • 276 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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