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new location - new job
volvo1
Posts: 20 Forumite
We are moving counties and have an offer of work in the new area. Also my husband works in an industry with a national shortage. We are renting at the moment however do we need to rent in the new area before we can buy due to just starting a new job. We have a good credit history. Any advice will be most welcome.
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Comments
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So to confirm you are moving out of the UK? As far as I am aware the rules of mortgages may vary as per country...:jFinally going to be a homeowner:T0
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No. You don't.do we need to rent in the new area before we can buy due to just starting a new job
This is achievable, subject to the usual details.
An independent broker would be your best first port of call for this.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.0 -
County, not country!So to confirm you are moving out of the UK? As far as I am aware the rules of mortgages may vary as per country...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.0 -
An important consideration will be whether the new job has a probation period in the contract. Lenders don't tend to like these clauses, but I don't think it's insurmountable (based on a friends experience).0
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You may wish to get to know the new location better. Before putting down roots.0
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It would be smart to rent in the new area till you get to know it (unless it's close enough or you have contacts there so you can investigate it and familiarise yourself with it).
We rented for six months in a new area and it helped us choose the house which will be our forever home.There is no honour to be had in not knowing a thing that can be known - Danny Baker0
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