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Changing jobs
Househunter
Posts: 1 Newbie
Hi,I put an offer in on a house a while back which was accepted. Everything was going fine. A survey was conducted, our mortgage offer received and relevant searches were completed. Unfortunately there was a breakdown in the chain (which is quite small) and the sale has now being delayed by a month or two. In the meantime a great job opportunity has come up which I am considering accepting. My mortgage however is due to expire in a few weeks time but my broker has informed me that it would normally get extended for another few months as it is a variable tracker. My concern is that I may have problems extending the mortgage if I change jobs. I have only been in the UK for two years and don’t have a very established credit history so my options in getting a mortgage were limited to begin with. I dont have any arrears or judgements against me.
If I take this job I will be on more money but will have a probation period of three months (meaning that they only have to give me a months notice if they want to get rid of me). I can`t delay taking this job until the sale closes and my vendor is doing his best to complete his sale ASAP but there is the risk that it will go beyond the initial mortgage expiration date. I am just wondering if anyone can offer me any advice. Thanks!
If I take this job I will be on more money but will have a probation period of three months (meaning that they only have to give me a months notice if they want to get rid of me). I can`t delay taking this job until the sale closes and my vendor is doing his best to complete his sale ASAP but there is the risk that it will go beyond the initial mortgage expiration date. I am just wondering if anyone can offer me any advice. Thanks!
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