PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. 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!

mortgage question

Are there any mortgage search websites that would enable me to see what difference length of time in current employment makes to getting a mortgage for a first time buyer?

I'm wondering whether being in current job for six months, one year, 3 years, 5 years, 10 years makes a difference ....
Indecision is the key to flexibility :)

Comments

  • ACG
    ACG Posts: 24,635 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Search comprison sites give you the financials only.

    You can go on the lenders websites and look at the different criteria.

    Different lenders have different views. Some say continuous employment for 3, 6, 12 months others say the same employer for 3, 6, 12 months.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • anniecave
    anniecave Posts: 2,471 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thanks for the prompt reply.

    I've only been in my current job for a couple of years so I was wondering if that would be likely to cause me problems.

    Glad to know the criteria is in months rather than years...
    Indecision is the key to flexibility :)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.