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new job
jhyt89
Posts: 48 Forumite
What's the general consensus on getting a new job before applying for a mortgage.
The job would be in the same industry, higher pay and around 2-3 months before the application. There won't be a gap in employment and the reason for changing jobs is career progression.
The job would be in the same industry, higher pay and around 2-3 months before the application. There won't be a gap in employment and the reason for changing jobs is career progression.
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Comments
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Its not usually an issue if the mortgage application is well managed.
Be sure to discuss with your broker/lender before applying for the new jobI 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.0 -
My brother in law has just had a mortgage approval - he is starting a new job in April so this was obviously taken into account.
He is a newly qualified accountant and is around 24 years old just as reference. AND expecting a baby so they will obviously allow mortgages so long as they know all the details.
You may find you are slightly more restricted on which banks that will offer you a mortgage though. That's just something I have read online, not sure if it was the same for brother in lawMortgage - £124,903 Sept 2016-Jan 2017 OP target £1,750/[STRIKE]£1,550[/STRIKE]0 -
Same job + No gap = Manageable
Still needs managing though as Bet says.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 -
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