Have been offered dream job but applying in Feb 2021

Angela_D_3

For a new mortgage as a first time buyer.  

Any idea who will lend to me please ? 

CSL0183

This question is the same as the “How long is a piece of string” question. 

You have got a new job and you want to take a mortgage out in February? That’s literally all the info you have provided. Every mortgage company will offer you a mortgage if your income is high enough, your credit rating is good, you have a deposit saved and your debts and outgoings are low. 

Angela_D_3

I don’t want to take the job if being there less than three months would stop me getting a mortgage .... it 3.5 times my salary,  I gave 20% deposit 

CSL0183

Angela_D_3 said:

I don’t want to take the job if being there less than three months would stop me getting a mortgage .... it 3.5 times my salary,  I gave 20% deposit 

Your perhaps a bit early with your plan as you need to have 3-4 months worth of pay slips, bank statements and outgoings, you will also be on a probationary period with a new employer also which makes it a lot more tricky but not impossible. Would be best speaking to a mortgage advisor, they will point you in the right direction. 

Angela_D_3

The house purchase needs to happen so the job may have to wait unfortunately.  It’s so annoying 

MWT

When do you need to have completed your house purchase by?

If the job offer is still going to be there in the future then perfect, but if this is a one time chance I'd look at all your other options before passing it up, there are plenty of other houses out there and other options rather than buying now, but good jobs are a bit harder to find...

Angela_D_3

I’m not unemployed at the moment snd if this hadn’t popped up I’d have been perfectly happy,  but of course now it had I’ve got seriously itchy feet.  My house is sold snd that had to go through.  I don’t like my chances of renting with 3 cats and a dog.  And a child.  

MWT

I would suggest that you talk to one of the brokers who post on this group such as @haras_n0sirrah before you give up, see how they feel about your chances...

haras_n0sirrah

There are lenders who will lend with a signed job offer and a start date within the next 3 months so if you start a new job now that will be fine for a number of lenders