Mature student about to graduate - how long to wait for mortgage?

shortcrust

I'm a mature student and haven't been working for that last four years. I'll be starting work again in July and want to buy a property as soon as possible. I have a 20% deposit and will be in a secure job with no debts. Can anyone suggest how long I should wait before thinking about a mortgage? I've been working on the assumption that 12 months will get me the best rates, but would I be able to get one sooner without paying a premium for it?

ACG

Some lenders are happy so long as your employed, others want 3, 6 or 12 months.

You wont pay a premium for less than 12 months, but not all lenders will be available meaning you might not have access to the best rates - that doesnt mean the best rates wont be available, it depends on what the lenders are offering when you do come to buy.