Increasing the chance of being accepted for a morgage.

jojitsui

I was accepted for a morgage about 6 months ago but couldn't find anything sutable.
I was then offered a new job with a new compnay which I took.
I would like to reapply for a morgage.
Will the fact I have only been in my new job 6 months go against me?
Also what else can I do to make it more likely that they will offer me a morgage?
Cheers Jo

Radsteral

make 30 percent deposit- guaranteed to make the lender secure even if they know that you have been unemployed for 3 years..

After all, with all that deposit, even if you default, they can still keep the deposit and sell the house for as much as possible, leaving them with few thousand ontheir pocket

jojitsui

theartfullodger wrote: »

? Save some money???

? Get married to someone with a job & some spare £££ >>>???

? Save on a regular basis with a lender... Oh! B****er, that went out 30 years ago when I started...


Marry a rich widow/widower///...


Cheers!

Lodger

That made me chuckle
We do have a deposit and we are still saving (1k month between us)
I am getting married he does have a job but not much spare money, shall i trade him in for a richer modle?

Radsteral all the morgages we looked at wanted 20% (this was a good few month ago tho) so will get saving hard for the extra 10

happybroker

if you're in a probabtionary period then it will have an effect, otherwise I think you should be ok

Thrugelmir

theartfullodger wrote: »

? Save on a regular basis with a lender... Oh! B****er, that went out 30 years ago when I started...

Very much alive with some of the smaller building societies.