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  • FIRST POST
    • Fleabag1
    • By Fleabag1 30th Nov 17, 10:35 PM
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    Fleabag1
    New Mortgage Change of Job
    • #1
    • 30th Nov 17, 10:35 PM
    New Mortgage Change of Job 30th Nov 17 at 10:35 PM
    Myself and my partner are buying our first house together which is due to complete in the next week.

    We had our mortgage approved for our current jobs salaries which we both still have.

    I am contemplating changing jobs to another job that would be a lower salary than my current job but this will not be until the house has completed and we are making mortgage payments. My questions are:

    1) Do I have to make our mortgage lender aware that I have changed jobs to a lower salary if this is after the house sale has completed and we are making repayments?

    2) Will this affect us in a few years if we change mortgage lenders when our current fixed rate mortgage ends?
Page 1
    • Thrugelmir
    • By Thrugelmir 30th Nov 17, 10:50 PM
    • 56,243 Posts
    • 49,616 Thanks
    Thrugelmir
    • #2
    • 30th Nov 17, 10:50 PM
    • #2
    • 30th Nov 17, 10:50 PM
    1. No. As it's a future event.

    2. Possibly. As you'll need to meet the new lenders affordability criteria.
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