We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Mortgage - apply so soon?
nancyo
Posts: 225 Forumite
Hi Folks,
Applied for a mortgage around Sept 2010 and we were declined due to my partner being in temp employment, although he had worked there for around 16 months at the time of the application.
This was for a new build and was for a shared equity mortgage, we have since seen a house that we would like - we have a 10% deposit in place and it is just a basic sale, no shared equity etc and was wondering if this would make a difference?
Can we apply again for a mortgage so soon after being declined, think we would try somewhere else this time.
Thanks
Applied for a mortgage around Sept 2010 and we were declined due to my partner being in temp employment, although he had worked there for around 16 months at the time of the application.
This was for a new build and was for a shared equity mortgage, we have since seen a house that we would like - we have a 10% deposit in place and it is just a basic sale, no shared equity etc and was wondering if this would make a difference?
Can we apply again for a mortgage so soon after being declined, think we would try somewhere else this time.
Thanks
0
Comments
-
Is your partner still in temporary employment?poppy100
-
Is your partner still in temporary employment?
Yes he is, its an ongoing temp contract - he has an interview next week for full time so hopefully (fingers crossed) he gets taken on full time!
The banks advised that they would consider us if he was in temp contract continuous for 2 years - which will be nearing soon...0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards