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Mortgage with small deposit

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  • beecher2
    beecher2 Posts: 3,677 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Arty-Ziff wrote: »
    What I wondered was whether or not a mortgage company will take into account an applicants job stability and the fact that they would have no problem making the repayments. It appears the answer is no.

    They will take both of these into account once you have the deposit saved, as if an applicant is on a temporary contract or a probationary period, they won't have much of a chance of getting a mortgage. They also look at affordability in their calculations.
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