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Moving 150 miles away... questions!
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emsywoo123 wrote: »Could we rent without jobs?
In an ideal world (I know!) we would not rent, because the move will be unsettling for the children as it is, would be great to move into a more perm home.
But if you rented first you could decide whether the area was convenient (as well as likeable) for your new lifestyle in terms of friends & job location.0 -
I can’t see how you can get a mortgage with no proof of income, Many lenders are unlikely to offer you a mortgage whilst you are in a probation period for a new job, especially as it will be both of you
Bit of a generalization. Plenty of lenders do accept people in probationary periods. It often depends on the wording in the contract. Stability of previous employment might also be taken into consideration.
As soon as you have a job, a letter from your employer would also suffice as proof of income.
It's fairly easy to check terms though intermediary websites, but a mortgage broker is probably worth considering in these situations."Real knowledge is to know the extent of one's ignorance" - Confucius0 -
Someone I knew applied for their mortgage based on their income at their job even though the house was 2 1/2 hours away from their job. The mortgage went through fine0
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I am moving 150 miles next month as a single parent with two kids so I have thought a lot about the situation
I applied for a new job first and got offered .
I will rent my house out and then rent some here new for me and the kids
Could u not so the same ?0 -
I moved 200 miles with my then young daughter and bought the first suitable house because I wanted stability for my daughter. I regretted it, the area wasn!!!8217;t great and despite a survey the house was a money pit. 6 months of stability wasn!!!8217;t worth it and if I could go back I would rent, get to know the areas and buy at a later date.0
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If you need a job then get one before you move. It seems daft to move without knowing where the income that you presumably need will be coming from.0
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If you need a job then get one before you move. It seems daft to move without knowing where the income that you presumably need will be coming from.
That is 100% the plan, but we cannot move until July next year, so not looking yet. Will start job hunting Spring next year (both of us!)0
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