new job - can I get a mortgage while on probation

longdistancemum

Hi. I see there is advice about this from 2006 but things may have changed since the credit crunch. I started a new job as a Senior Officer in January. Different local authority and a higher grade job but the essentially the same, but I'm on six months probabtion. Some LAs do this, some don't, this one does. My husband spoke to the mortgage advisor at his bank and he said no chance until I'd finished my probabtion. We assumed all other lenders would say the same. Anyone know a lender who would say yes? We've got £100k from previous house sale and are looking for approx £80-100K morgtage. Credit ref should be OK, no bad history.

Crashandburn

Yes you should be able to get a mortgage based on what you've stated.

Lenders have amended their systems so that you can disclose the fact you are on a probational period at the time of application and therefore if the initial agreement is agreed after passing credit score, then there should be nothing stopping you proceeding.

Good luck

kingstreet

longdistancemum wrote: »

Hi. I see there is advice about this from 2006 but things may have changed since the credit crunch.

Maybe, but not since last week!

https://forums.moneysavingexpert.com/discussion/4471271

longdistancemum

Oh sorry, I didn't find that post from Feb 2013. Thanks for pointing me in that direction.