Less than 12 months UK employment

olbas_oil

I've just discovered that Coventry require 12 months continuous employment history for a mortgage.. Is this a common requirement?


EDIT: Tesco do not have this requirement. They want to see a full history, but will accept work abroad, and short gaps. However it takes quite a lot of hanging-on to get that information. Is there a shortcut to discover lenders' criteria?

Karen_Artioli

I have the same issue. My mortgage advisor said Barclays is the only lender he would think. We will try an agreement in principle and I let you know if it's approved

Futuristic

Karen_Artioli wrote: »

I have the same issue. My mortgage advisor said Barclays is the only lender he would think. We will try an agreement in principle and I let you know if it's approved

Might be a good call, according to Barclays criteria:

Employed applicants are required to have been employed by their current employer for 3 consecutive months prior to application or to have been in continuous employment with no gaps for the last 18 months.

Thrugelmir

olbas_oil wrote: »

Is there a shortcut to discover lenders' criteria?

Speak to a mortgage broker.

dalehitchy

If it helps.... I had a contract type job. I left and had a month gap between my new job which is permanent. I started in January and provided one full month's payslip in February to TSB bank. My mortgage got accepted no problem (went through broker)

Rach3l

Honestly, in your situation I'd find a broker. They are worth their fee, ours saved us more than we paid.

In the end Halifax gave us one, but Barclays wouldn't.

dalehitchy

To add to rach3l.... We were going to go through Halifax ourselves ... But went through a broker who ended up getting us a lower rate and with a £750 cashback deal with tsb. Broker was only £195 so he saved us money too. It is worth it.

I had 0 issues with only one month's payslip with tsb... Broker seemed to think i wouldn't have had an issue with Halifax either.

Karen_Artioli

I've had an answer from Barclays and they require at least 2 years living in the UK for non europeans, not my case