Newly Qualified Teacher (NQT) mortgage trouble - 6 months employement history???

SonicKris

Hello, my partner and I are currently going through the mortgage process. She has been at university studying for 4 years and has now graduated and is a Newly Qualified Teacher (NQT) we got told that we would be accepted for a mortgage and that our incomes were fine etc. However we've received an email saying that she needs to provide 6 months of continuous employment history? How could she possibly have this when they know she's been studying at university for the past 4 years and has only just qualified as a teacher? Is there a way around this? Surely they shouldn't accept NQT's if they expect that? Thanks for the help

htaylor16

Did she work while studying? Could you use that. Otherwise it might be that you have to wait until she's worked as an NQT for six months until you can apply.

katebl

Did you go through a broker and did they ask for payslips or anything, I'm pretty sure I've been asked for length of employment with any (tentative) applications I've made. Even if you went directly surely they would have asked the question when you applied?

amnblog

SonicKris wrote: »

How could she possibly have this when they know she's been studying at university for the past 4 years and has only just qualified as a teacher?

She can't

SonicKris wrote: »

Is there a way around this?

Not with the Lender you have selected here.

SonicKris wrote: »

Surely they shouldn't accept NQT's if they expect that?

It appears they don't.

There is either some poor communication here, or uninformed choice from you, or a mistake by a Broker.

Most likely you simply need a different lender.

Emma0912

Hi, I'm and NQT, did you manage to get a mortgage? Are you in Scotland? Thanks!

YHM

Emma

I am confident a broker could secure you a mortgage, irrespective of your base country

liviboy

Emma0912 wrote: »

Hi, I'm and NQT, did you manage to get a mortgage? Are you in Scotland? Thanks!

Both Bank of Scotland and Nationwide offered mortgages to probationers (what NQTs are called in Scotland) in my school shortly after starting their induction year.

One went through an excellent (their opinion) broker (Bank of Scotland), the other went direct with Nationwide though both she and her partner had banked with NW since they were children.

zagubov

There will be over a half of a million people needed in teaching every year. Many lenders will value teachers as they have (like the emergency services and undertakers) a certain inevitable guaranteed future in the employment market.
If you haven;t contacted a broker, (which you probably should) have you contacted the Teachers Building Society?