First Meeting w/ Broker - Questions about Employment History

ScottishSaver14

Hi everyone :j

We are having an initial chat with our future broker tomorrow night ahead of our property search starting shortly.

My main concern is that both SO and I started new jobs recently, by the earliest time we apply we will have been working there for 4 months and 3 months (and payslips) respectively.

I worked for this company previously, and have been told that the probation period is a formality (although from a lender POV obviously this wont hold much weight) SO has no probation period and is settled in nicely. Both roles are full time and permanent, no overtime or bonus to be considered.

Due to this, our P60s are...well, tragic, since our p45s weren't available in time. On top of this, I'd rather avoid giving 6 months of statements, which will be from 2 employers. Is there any way of chatting about this without sounding ridiculous?

Am I overthinking this? I feel like I'm having a flashforward to chatting with our nice broker and word vomiting about how much of a liability we are:eek:

Other Information:
Clean credit reports
Moderate available credit
No debt / student loans
Approx 60% LTV

Thanks to anyone with any insight or words of encouragement:A

LRmortgage

You should have no issues whatsoever based on the limited info you have posted above.

ACG

As above, you will be fine. Any broker worth their salt will get this placed at normal rates.

amnblog

Yes, you are over thinking it.

Probation/new jobs are not a barrier to lending.

Have to hand

Last 3 months wage slips
P45 from previous jobs
Employment offers/contracts
Last 3 months bank statements showing salary credits
ID for each of you (current passports or driving licences)
Proof of address for each of you (utility bill or credit card statement dated after 1st April)

(If you have access to the above, don’t worry if you don’t)

ScottishSaver14

You should have no issues whatsoever based on the limited info you have posted above.

What information would be more useful?

This would actually be super helpful for me to know, in case it throws up any unanswered questions.

Thanks

amnblog

There you go again, over thinking relax.

Most Brokers would welcome turning up to find your scenario.

ScottishSaver14

Hiya,

Thanks for the confirmation that I'm overthinking:rotfl: it's the actual worst.

A slight concern is that SOs workplace were in the process of drawing up new contracts when he joined, so he has confirmations in writing of salary etc but not the full whack contract as of yet.

It shouldn't be an issue when we come to apply, however worst case scenario... I take it the lender wouldn't take a letter from the employer as proof of income/job stability? :rotfl: