Can we get a mortgage?

neoned

Hi,

I have worked in payroll for 3 years, i changed jobs recently and have a 3 month probabtion period which im about 4 weeks off completing. My girl friend has been in her job for around 10 months and we have a joint income of about 37k per annum.

She is currently paying of a student overdraught which was £1500 about 2 years ago and due to holidays etc she still have around £600 of it left which should be paid off in the next month or two.

We were originally going to try buy a house at the end of the year but have seen one which we really like and are thinking of applying for a mortgage. The house is up for £115,000 and we could probably get it for about £108,000.

In our current situation does anyone think its likely we'll be able to get a mortgage or to just wait until our finances are more solid, her overdraught is gone and my probabtion is completely done with.

We currently have a deposit of around 15k.

Any insight would be much appreciated.

Ed

kingstreet

Sounds alright to me.

Some lenders might have a problem with the probationary period, but you're so close to the end of it you might find they'll take on the application knowing you won't complete before it's ended.

A letter from your employer confirming you're likely to be kept on might be requested.

laural_2

Abbey will accept people in probationary and so will nationwide, Partner was week into his new job and we got accepted by Santander for a mortgage.

Conrad

Seems ok but as ever no one could possibly know for sure, it will come down to a lenders credit score (forget those public scores from the likes of Experian as lenders use thier own internal systems).