Can I get a mortgage in a brand new job?

apple1976

My husband and I recently had a mortgage application accepted but unfortunately the house we were buying was taken off the market as the sellers were unable to find anywhere to move to. We now have another house to buy (offer accepted) but we have to start the mortgage process all over again as it was more than 3 months ago.

The problem is I am about to change jobs, and not just jobs but industry too. I am currently an IT consultant (last 7 years) and I am moving into the travel industry. My question is, will any lenders give me a mortgage when I have just started a job in which I have no experience?

Our situation is that my husband is the main earner (been in his job 18 years, very secure and has final salary pension so is in a good position to get a mortgage) and I am just topping up the amount we can borrow with my salary. We are putting down a deposit of about £100k on a £300k house.

Any help gratefully appreciated!

ginger_nuts

depends on the lender and the loan to value but yes you can do it .I remortgaged when I had a temp job and only my income to pay the mortgage .At the time I remortgaged to the Woolwich .

ukmonkey

apple1976 - we are in the process of buying. We are FTB's, going for a 100% mortgage. My partner has just changed jobs (as in she started it a couple of weeks ago).

We have had an AIP from RBS. The broker asked my g/f to get a letter from her boss saying that they'd probably keep her on after the 6 month probationary period that is in her contract of employment.

I'd be quite surprised if you have any problems, although the change of industry may be a sticking point, but I doubt it.

Bear in mind that probably not all lenders will entertain you.

Hope this helps.

apple1976

thanks. i do already have a mortgage at the moment and have a spotless credit history, so hopefully that will count in my favour.

just have to see what the lenders say I suppose!