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Considering FTB, also considering changing job...
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dave2
Posts: 264 Forumite
Would a recent job change (or change during the first year of a mortgage) affect things for getting a mortgage?
More specific details if needed:
I've recently began watching the listings with thoughts about my first buy. I have good savings. But there isn't any scope to progress further with my current employer. A recruiter is sniffing around and there does seem to be a lot of interest out there, I reckon I'd jump ship either in about a month, or hold off until around the end of the year. It'd be the same or more money, possibly with probationary period.
I'm a risk-adverse type and would rather one life-changer at a time, but the landlord is looking for a new one year lease (if I moved it'd be 6-12m lease and paying quite a bit more rent than the mortgage would be).
More specific details if needed:
I've recently began watching the listings with thoughts about my first buy. I have good savings. But there isn't any scope to progress further with my current employer. A recruiter is sniffing around and there does seem to be a lot of interest out there, I reckon I'd jump ship either in about a month, or hold off until around the end of the year. It'd be the same or more money, possibly with probationary period.
I'm a risk-adverse type and would rather one life-changer at a time, but the landlord is looking for a new one year lease (if I moved it'd be 6-12m lease and paying quite a bit more rent than the mortgage would be).
0
Comments
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A change after you have purchased is not a problem.
A change before you purchase needs to be managed correctly.
A change whilst you purchase is a problem.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0 -
What if the new role doesn't work out? Personally I'd move job first before making long term financial commitments.0
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