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Changing jobs twice in a short time before mortgage application
Barnes10
Posts: 3 Newbie
Hi,
I'm planning on applying for a mortgage with my partner at some point early next year. I've been working for my current employer for just over two years now, but my contract is coming to an end at the end of the year. I got a new job starting in Novermber, as well as another one, with the provisional start date of January. The problem is the second job is much better paid, but they can't commit to the start date due to coronavirus, and I won't know until December if I'll be able to start in January.
How would me taking the first new job in November and leaving it in January look for potential mortgage providers? Not sure if that'd affect me getting a mortgage in, say, March-April? From what I've read they normally require the last three payslips and at that time I'd be able to provide the payslips relating to the better-paying job.
I suppose what I'm asking is whether the lenders look at the average length of any previous employment, or, provided that I can provide the payslips, they won't mind me jumping ship twice in a relatively short time? The job provisionally starting in January has no probation period so that shouldn't affect the application, am I right?
Thank you
I'm planning on applying for a mortgage with my partner at some point early next year. I've been working for my current employer for just over two years now, but my contract is coming to an end at the end of the year. I got a new job starting in Novermber, as well as another one, with the provisional start date of January. The problem is the second job is much better paid, but they can't commit to the start date due to coronavirus, and I won't know until December if I'll be able to start in January.
How would me taking the first new job in November and leaving it in January look for potential mortgage providers? Not sure if that'd affect me getting a mortgage in, say, March-April? From what I've read they normally require the last three payslips and at that time I'd be able to provide the payslips relating to the better-paying job.
I suppose what I'm asking is whether the lenders look at the average length of any previous employment, or, provided that I can provide the payslips, they won't mind me jumping ship twice in a relatively short time? The job provisionally starting in January has no probation period so that shouldn't affect the application, am I right?
Thank you
0
Comments
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Might as well wait and see how events unfold. Applications are considered on the information at the time of application not historic events.0
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Thank you - just concerned that the lenders might see my job situation as 'unstable' if I do change my job twice in such a short period of time?Thrugelmir said:Might as well wait and see how events unfold. Applications are considered on the information at the time of application not historic events.0
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