Wantig a mortgage and to move area

Jayniekinns

Hello,
Myself and my partner are planning on moving in the next few years however we want to move out of the area we currently live in up to Doncaster where I am from.
We want to get a mortgage and buy a property rather than rent one, and so will look into help to buy isas and lifetime isa.
That's not an issue, however I don't know how we would go about moving area to get a mortgage and jobs.
We are hoping the company my partner works for may help by him changing branch but I'm just not sure how we would go about the whole moving area and getting a mortgage.
Any advise or help is welcome, I've only ever moved once and that was from my parents house to where I live in rented accomodation now so I have no experience in this area.
Thanks
Jayne

AnotherJoe

Get the branch move or get jobs where you wish to live
Move into rented accommodation where you want to live.
Determine the size of mortgage you can get
Find a house based on that
Apply for a mortgage
Buy house

Am I missing something since this all seems , well, obvious.

JoJo1978

Getting a mortgage for a property in a different area to where you currently live isn’t an issue providing you pass the affordability checks.

But I think you are asking more about the practicalities of moving a (long) distance? To get the mortgage you’ll either need to transfer work to the new location, or set aside enough cash to afford a gap in employment. It can be tricky to time it all correctly. My husband and I recently relocated from London up north. I left work last May... but due to issues with our house sale and purchase we didn’t move until December. It was ok because I had some savings I could live off, but not being able to say for certain when we were moving made it hard to take on even temporary work.

My advice would be to get the employment sorted first, which you’ll probably need for the mortgage anyway, then start looking at areas to live. You could always continue to rent a bit up there first rather than do the job and house move all in one go?

Jayniekinns

Thanks for the feedback, it's just to give US an idea on how we can go about the move and job change.
Didn't really want to go into rented when we moved up there but short of temporary living back at my mum's I think is going to prove difficult to do it any other way.
But glad you mentioned savings for a gap in work as I didn't think of that

elverson

If you rent for six months in the new area it will also give you a chance to make sure you're happy with the area (and your new job!) before committing to buying.

csgohan4

elverson wrote: »

If you rent for six months in the new area it will also give you a chance to make sure you're happy with the area (and your new job!) before committing to buying.

sound advice, we rented for 3 years before deciding to buy in the city we wanted.