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New employer company affect mortgage application?
Scramz
Posts: 2 Newbie
Hi all, I hope everyone is well.
I am currently self-employed and have been offered a permanent contract with a company that only started up in Oct 2016. The company is very small, however, revenue is very health (Say the employer) hence the job offer.
I am looking at applying for a mortgage in around 3-6 months (First-time buyer). Would a lender see the new company as a negative or would the lender not looking into this as my contract would have a notice period?
Kindest regards
Darren
I am currently self-employed and have been offered a permanent contract with a company that only started up in Oct 2016. The company is very small, however, revenue is very health (Say the employer) hence the job offer.
I am looking at applying for a mortgage in around 3-6 months (First-time buyer). Would a lender see the new company as a negative or would the lender not looking into this as my contract would have a notice period?
Kindest regards
Darren
0
Comments
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The plausibility of this could be put into question depending on the exact details.
There's a few key things a lender could query about this so I would ensure you use a good broker.I am a Mortgage BrokerYou 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 -
Where should I go to seek to advise on this? Of course, I want to make to correct decision otherwise I will be stuck for another 6 months or so.0
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