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Losing job after mortgage approval

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  • Thanks Holly, any indication of who the lenders are?
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  • holly_hobby
    holly_hobby Posts: 5,363 Forumite
    1,000 Posts Combo Breaker
    edited 4 December 2013 at 11:37PM
    It'll depend upon the whole case, same industry and the basis of your new role, sufficient replacement salary etc. In the first place I would discuss this with your current lender, before jumping ship.

    If necessary, I would engage a broker to source an alternative if its reqd.

    Hope this helps

    Holly
  • Okay, thanks so much. Have made about 30 applications tonight, so fingers crossed!
    May'18 DEBT FREE!

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  • holly_hobby
    holly_hobby Posts: 5,363 Forumite
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    Ah good luck amigo ..... toes, eyes and fingers crossed for you !!

    H xx
  • ACG
    ACG Posts: 24,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    30 mortgage applications?
    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.
  • ACG wrote: »
    30 mortgage applications?

    Job applications :-)
    May'18 DEBT FREE!

    £6025 PB's: £1427 Nutmeg Pot: £51'174 Company Shares £512.09 InvestEngine £8.21 Freetrade £569.46 Stake
    £2457.92 TCB.
  • ACG
    ACG Posts: 24,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    haha! Its late.... thats my excuse and im sticking with it.
    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.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Until you know where the next job is it makes sense to wait just in case this flat is no longer in suitable location.
  • holly_hobby
    holly_hobby Posts: 5,363 Forumite
    1,000 Posts Combo Breaker
    Job applications :-)

    Good, thats what I thought you meant .... 30 mge apps (if you could find 30 direct lenders !), would have been a bridge too far :o

    H
  • Until you know where the next job is it makes sense to wait just in case this flat is no longer in suitable location.

    Anywhere else in the country and I'd agree, but being as close to central London as I am, it's not really a case of needing to move for work.
    May'18 DEBT FREE!

    £6025 PB's: £1427 Nutmeg Pot: £51'174 Company Shares £512.09 InvestEngine £8.21 Freetrade £569.46 Stake
    £2457.92 TCB.
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