We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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 help - relocating

Options
Hi,

I would like to apply for a mortgage to buy a flat in Bristol. I currently live in London and and am in permanent employment, have a good credit rating and on electoral role etc, so feel I would be in a good position to get a mortgage. But if I was to do this and be given a mortgage I would be looking to buy a flat in Bristol, then if I would quit my job in London, move to Bristol and look for a new job.

Would the mortgage lender care that I was doing this? Or would I have to move to Bristol, get a job etc etc and then apply for a mortgage?

Not entirely sure what I need to do!

Thanks for your help :)

M

Comments

  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Some lenders will have an issue with this.

    Others don't take this into account.

    Research your options, or appoint an independent broker to do it for you.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • Mykal
    Mykal Posts: 9 Forumite
    Thanks kingstreet
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Why not move to Bristol, rent while you find your feet. Then buy once the future is clearer.
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
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.