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TUPE
Weetod
Posts: 20 Forumite
Was looking at applying for a mortgage as have now got a decent deposit but have just found out today that my employer is being bought and will be TUPE to new company on 1st May. I'm guessing that I'm now best to wait until I'm transferred over but can anyone tell me how this will affect me. I've been with current employer 6 years, will it still go down as 6 years or will it start from scratch for mortgage application and I'm I best waiting a certain period of time after transferring before applying for a mortgage?
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Comments
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@weetod This should have no adverse impact on your chances of getting a mortgage. You don't *have* to wait to be transferred over to apply for a mortgage.
I am a Mortgage Adviser - 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 advice.
PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.
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Legally, your length of service is still 6 years, post TUPE0
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