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Mortgage whilst travelling
leeimdee
Posts: 2 Newbie
I am looking at buying a house in the UK.
I am currently working in Australia and have been for the last 6 months.
Plan on coming home in the next 3 months.
I’ve been accepted for a mortgage in principle.
my parents are going to look at the house this week and if all is good we will put an offer in.
I have a job secured back in the UK as I work for my fathers business.
I’ve been paying £200 a month into my H2B whilst being over here.
im wondering as I’ve not had any wages go into my uk account how hard it would be getting a mortgage accepted?
I am currently working in Australia and have been for the last 6 months.
Plan on coming home in the next 3 months.
I’ve been accepted for a mortgage in principle.
my parents are going to look at the house this week and if all is good we will put an offer in.
I have a job secured back in the UK as I work for my fathers business.
I’ve been paying £200 a month into my H2B whilst being over here.
im wondering as I’ve not had any wages go into my uk account how hard it would be getting a mortgage accepted?
0
Comments
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A lender would be contacting the business accountant and possibly HMRC to make sure you have been paid a salary once you start the job on your return.The mortgage will be based on the new UK job not your current one.
I am a mortgage broker and IFA. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice0 -
Perfect.
So having a gap of 6 months in my employment shouldn’t matter?
How many weeks pay do you reckon I will need to show in the UK for the mortgage to be more likely to be approved?0 -
It's hard to say as I feel this case would be questioned a lot due to plausibility as you are working for your father. Family cases are usually looked at in a bit more detail. Most non family cases can be offered a mortgage based on a signed employment contract and/or day one of employment.I am a mortgage broker and IFA. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice0
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