📨 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!

Quit the job after mortgage approval

2»

Comments

  • Landofwood
    Landofwood Posts: 765 Forumite
    Just incredible. You are trying to trick a company into lending you hundreds of thousands of pounds. Do you realise how bad this is?
  • MABLE
    MABLE Posts: 4,236 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 3 May 2015 at 11:57AM
    So the OP goes back to her employer and says something like
    "sorry I need to withdraw my resignation because of my mortgage but will resign again once my mortgage has gone through".

    If the OP is not honest with the employer then it is just adding more lies on top.
  • lonestarfan
    lonestarfan Posts: 1,232 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    OP - you haven't answered the question are you using a broker.
    You haven't said if it is likely that your husband would pass affordability on his income alone. Post some figures on here so people can comment eg purchase price, LTV, salaries etc
    Remember also that he employer is not obligated to agree to retraction of your notice.
  • Loopy28
    Loopy28 Posts: 463 Forumite
    You need to tell the broker/advisor so they can tell you if you still meet mortgage affordability, if not you will either need to withdraw your resignation or get another job. If the mortgage really is affordable on just your husbands wages then chances are the mortgage company will think so too.
  • audigex
    audigex Posts: 557 Forumite
    MABLE wrote: »
    So the OP goes back to her employer and says something like
    "sorry I need to withdraw my resignation because of my mortgage but will resign again once my mortgage has gone through".

    If the OP is not honest with the employer then it is just adding more lies on top.

    It is, although lying to her employer has the advantage of not being fraud....
    "You did not pull yourself up by your bootstraps. You were lucky enough to come of age at a time when housing was cheap, welfare was generous, and inflation was high enough to wipe out any debts you acquired. I’m pleased for you, but please stop being so unbearably smug about it."
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
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K 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.