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Which lenders are likely to lend with New job and probationary period

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Hi,


Just wanting to know from the brokers out there if there are lenders who will lend to someone starting a new job and on a 3 month probationary period?
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Comments

  • amnblog
    amnblog Posts: 12,730 Forumite
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    Depends when you want the funds.


    Also, what the previous job was and what the new job is.


    To get it right, see a broker.
    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.
  • kingstreet
    kingstreet Posts: 39,268 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    sm78 wrote: »
    Just wanting to know from the brokers out there if there are lenders who will lend to someone starting a new job and on a 3 month probationary period?
    There are indeed.
    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.
  • sm78_2
    sm78_2 Posts: 8 Forumite
    During my probationary period is when the funds would be required.


    I am being told too different things by two brokers; the first says no way, forget it and the second says yes its possible....not helpful really.
  • kingstreet
    kingstreet Posts: 39,268 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    So talk further to the one who says it's possible, as it is possible.

    As amn was suggesting, there are lenders who will want more about your previous occupation/job history, but it is definitely possible to start a new job and get a mortgage which completes before your probationary period ends.
    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.
  • Let_Us_See
    Let_Us_See Posts: 1,319 Forumite
    .................and willing to accept any increased salary post probationary period.:o

    Trust your broker.
  • sm78_2
    sm78_2 Posts: 8 Forumite
    Thanks guys.
  • amnblog
    amnblog Posts: 12,730 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Let_Us_See wrote: »
    Trust your broker.


    Well, trust one - but not the other.
    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.
  • Let_Us_See
    Let_Us_See Posts: 1,319 Forumite
    Give me some slack, it is Friday afternoon and I am on hold (43 minutes so far) to Leeds B S......need I say more!
  • betmunch
    betmunch Posts: 3,126 Forumite
    sm78 wrote: »
    the first says no way, forget it


    Was this definitely from a broker, not a bank employee?
    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.
  • sarahrc
    sarahrc Posts: 33 Forumite
    Last year in Feb myself and my husband both started new jobs. We put an offer in on a house in April and spoke to a broker who said no way, come back inn 6 months. However we found another, more helpful one who give us a umber of options and we completed in the June with Abbey, both within our probationary periods. :j
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