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Which lenders are accepting mortgage applicants on partial furlough?
SB1990
Posts: 19 Forumite
Does anyone know which mortgage lenders are currently lending to applicants on partial furlough? I am in full time work as normal but my partner is now on partial furlough. We already got our mortgage offer before Christmas but since then he's been put on furlough and it looks like we have lost our original purchase property and so having to look for something else. Even if we do a simple 'change of property' form our lender is Natwest who currently wont touch any furlough so it's likely we will lose their offer if they ask for more up t date payslips and will need to apply elsewhere. Just want an idea of who is likely to be lending before we do anything.
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@sb1990 There's a long list of lenders who will consider applicants on furlough. Each of them have their own criteria and quirks with regard to who they may accept and how much of the income will be assessed for affordablity. And each case will be manually assessed and depend on a few subjective matters. Some of them are (accurate as of a few days ago) - Family, Barclays, TML, Santander, Vernon, Tipton, Metro, Ipswich, etc.
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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