Hypothetical - New job after mortgage application

FTHophap

Hypothetically, if one was offered a job after a mortgage application and they would start before completion (higher salary and same “safe” field). What’s the protocol/ risks? Obviously starting a new job would mean starting a probationary period.

Again - hypothetically 

watch3r

Fact : you need to tel the bank about any change in you circumstances before the completion.

Hypothetically speaking i don’t know if banks check this or how honest you want to be with the bank .
i was told by my MA not to take any new debts before completion didn’t ask about the job change 

So hypothetically it’s possible that they will not check it. 

MovingForwards

Your mortgage offer could get pulled.
You could end up with a CIFAS fraud marker.

All hypothetical of course.

Who knows what lenders are checking again due to Covid.

Mine asked me if there were any changes from when the application was submitted.

FTHophap

Interesting - hypothetically probably best waiting until one has the keys In hand before jumping to a new role then

MovingForwards

Hypothetically, it's always best to get what you want before jumping ship.
Hypothetically, it's always recommended to have 6 months mortgage and bill money in the bank, plus a kitchen full of food too.

FTHophap

Love a good hypothetical chat, plenty of food for thought. Thanks all @MovingForwards & @watch3r

watch3r

MovingForwards said:

Hypothetically, it's always best to get what you want before jumping ship.
Hypothetically, it's always recommended to have 6 months mortgage and bill money in the bank, plus a kitchen full of food too.

You cant argue with that. 
in those times that's the best approach.