Excited to buy, but cannot get a mortgage agreement in principle, looking for advice...

Natrc

Deleted_User said:

 another which specialises in no credit history (he didn't say the name)

Probably Aldermore. They dont credit score either and are more mainstream (although rates are higher than most others)

Best of luck

That does ring a bell, I suspect it was that lender. He did say the rate was higher than the others we spoke about, that's why he advised that unless we were desperate to buy now, waiting and building credit/getting more employment history would help us get a better rate. 
 
My mortgage broker came reccomended by an estate agent, if he struggles to get us anything would you reccomend shopping around and getting a second opinion? Being new to this, I'm not sure if different brokers work differently, or can access different deals? 

[Deleted User]

Most brokers should have access to main high street lenders.  Some don't have access to smaller building societies.  If the broker is able to submit cases to Cambridge then it bodes well that they have wide access to the market.  The trick is knowing which obscure lender to use when you have access to them all,  as a consumer you will have no way to be aware if all options are exhausted which is frustrating. 
The mortgages Forum on here is a convenient and quick way to get a 2nd opinion on what you've been told and if something seems off you can then explore speaking to someone more formally 

Natrc

Deleted_User said:

Most brokers should have access to main high street lenders.  Some don't have access to smaller building societies.  If the broker is able to submit cases to Cambridge then it bodes well that they have wide access to the market.  The trick is knowing which obscure lender to use when you have access to them all,  as a consumer you will have no way to be aware if all options are exhausted which is frustrating. 
The mortgages Forum on here is a convenient and quick way to get a 2nd opinion on what you've been told and if something seems off you can then explore speaking to someone more formally 

Great advice! I'll see what he says tomorrow, he does come highly reccomended, and seemed to understand the intricacies of my slightly odd wage breakdown which is difficult to grasp, so I hope he can find us a good deal. 

AdrianC

Natrc said:

The issue the lender had was that my husband's 3 months in his current job was via an agency before being taken permanent, my husband is not in an official probationary period due to this, but the lender views it as that, and so has said that we need 3 months permanently employed, which would equate to this July

So he's only been in his current employment for a month?

Natrc said:

my husband has already recieved a lot of hate from family for not getting a permanent job sooner (as if in this current job market you can literally just walk into a job) so we could apply. Sadly we have the kind of family on one side that are not very supportive, the little they know the better.

Ignore them. Don't tell them, don't listen to them.
If they weren't related, I bet you'd not actually be friends with them, right? So why give them your time and their opinions weight, just because you happen to share some DNA?

Family: Friends you don't necessarily like.

Natrc

AdrianC said:

Natrc said:

The issue the lender had was that my husband's 3 months in his current job was via an agency before being taken permanent, my husband is not in an official probationary period due to this, but the lender views it as that, and so has said that we need 3 months permanently employed, which would equate to this July

So he's only been in his current employment for a month?

Natrc said:

my husband has already recieved a lot of hate from family for not getting a permanent job sooner (as if in this current job market you can literally just walk into a job) so we could apply. Sadly we have the kind of family on one side that are not very supportive, the little they know the better.

Ignore them. Don't tell them, don't listen to them.
If they weren't related, I bet you'd not actually be friends with them, right? So why give them your time and their opinions weight, just because you happen to share some DNA?

Family: Friends you don't necessarily like.

No, he has been working for his current employer since early December. They initially tried to take him on permanently, but as paperwork was delayed over Christmas they instead took him on under a temporary contract which lasted 3 months, he went permanent as soon as this contract expired. The temporary contract was arranged through an agency for ease as my husband already had been working for this agency previously, so it was more to get him working quicker. Not ideal, but it is how the building/construction industry work sadly. So he became permanent on 18th of march, no probationary period as he had already done 3 months with the company. But our broker said the lender didn't view the temporary contract as continuous employment with them, so we need to wait 3 months from 18th of march. It's complex and frustrating, but sadly part of life.

AdrianC

Natrc said:

AdrianC said:

Natrc said:

The issue the lender had was that my husband's 3 months in his current job was via an agency before being taken permanent, my husband is not in an official probationary period due to this, but the lender views it as that, and so has said that we need 3 months permanently employed, which would equate to this July

So he's only been in his current employment for a month?

Natrc said:

my husband has already recieved a lot of hate from family for not getting a permanent job sooner (as if in this current job market you can literally just walk into a job) so we could apply. Sadly we have the kind of family on one side that are not very supportive, the little they know the better.

Ignore them. Don't tell them, don't listen to them.
If they weren't related, I bet you'd not actually be friends with them, right? So why give them your time and their opinions weight, just because you happen to share some DNA?

Family: Friends you don't necessarily like.

No, he has been working for his current employer since early December. They initially tried to take him on permanently, but as paperwork was delayed over Christmas they instead took him on under a temporary contract which lasted 3 months, he went permanent as soon as this contract expired. The temporary contract was arranged through an agency for ease as my husband already had been working for this agency previously, so it was more to get him working quicker. Not ideal, but it is how the building/construction industry work sadly. So he became permanent on 18th of march, no probationary period as he had already done 3 months with the company. But our broker said the lender didn't view the temporary contract as continuous employment with them, so we need to wait 3 months from 18th of march. It's complex and frustrating, but sadly part of life.

He was almost certainly employed by the agency when he was temp. Now he is employed directly.

Natrc

AdrianC said:

Natrc said:

AdrianC said:

Natrc said:

The issue the lender had was that my husband's 3 months in his current job was via an agency before being taken permanent, my husband is not in an official probationary period due to this, but the lender views it as that, and so has said that we need 3 months permanently employed, which would equate to this July

So he's only been in his current employment for a month?

Natrc said:

my husband has already recieved a lot of hate from family for not getting a permanent job sooner (as if in this current job market you can literally just walk into a job) so we could apply. Sadly we have the kind of family on one side that are not very supportive, the little they know the better.

Ignore them. Don't tell them, don't listen to them.
If they weren't related, I bet you'd not actually be friends with them, right? So why give them your time and their opinions weight, just because you happen to share some DNA?

Family: Friends you don't necessarily like.

No, he has been working for his current employer since early December. They initially tried to take him on permanently, but as paperwork was delayed over Christmas they instead took him on under a temporary contract which lasted 3 months, he went permanent as soon as this contract expired. The temporary contract was arranged through an agency for ease as my husband already had been working for this agency previously, so it was more to get him working quicker. Not ideal, but it is how the building/construction industry work sadly. So he became permanent on 18th of march, no probationary period as he had already done 3 months with the company. But our broker said the lender didn't view the temporary contract as continuous employment with them, so we need to wait 3 months from 18th of march. It's complex and frustrating, but sadly part of life.

He was almost certainly employed by the agency when he was temp. Now he is employed directly.

Yes that is exactly the issue. Sadly it's common practice in his line of work, just a little frustrating, but a minor inconvenience. 

To make matters worse we honoured all the house viewings we had booked, and today we viewed a house that ticked all the boxes, but it obviously isn't meant to be. 

Also, our mortgage broker who promised to call us back on Thursday afternoon has gone silent and just never called us back. Starting to get frustrated. 

AdrianC

Natrc said:

AdrianC said:

Natrc said:

AdrianC said:

Natrc said:

The issue the lender had was that my husband's 3 months in his current job was via an agency before being taken permanent, my husband is not in an official probationary period due to this, but the lender views it as that, and so has said that we need 3 months permanently employed, which would equate to this July

So he's only been in his current employment for a month?

Natrc said:

my husband has already recieved a lot of hate from family for not getting a permanent job sooner (as if in this current job market you can literally just walk into a job) so we could apply. Sadly we have the kind of family on one side that are not very supportive, the little they know the better.

Ignore them. Don't tell them, don't listen to them.
If they weren't related, I bet you'd not actually be friends with them, right? So why give them your time and their opinions weight, just because you happen to share some DNA?

Family: Friends you don't necessarily like.

No, he has been working for his current employer since early December. They initially tried to take him on permanently, but as paperwork was delayed over Christmas they instead took him on under a temporary contract which lasted 3 months, he went permanent as soon as this contract expired. The temporary contract was arranged through an agency for ease as my husband already had been working for this agency previously, so it was more to get him working quicker. Not ideal, but it is how the building/construction industry work sadly. So he became permanent on 18th of march, no probationary period as he had already done 3 months with the company. But our broker said the lender didn't view the temporary contract as continuous employment with them, so we need to wait 3 months from 18th of march. It's complex and frustrating, but sadly part of life.

He was almost certainly employed by the agency when he was temp. Now he is employed directly.

Yes that is exactly the issue.

So there y'go... He's only been in his current employment since mid-March. He changed employer at that time.

JS21

Even though its hard, ignore what the hateful family members are saying - are they paying the mortgage or contributing to the bills? No, so it's none of their business. 

Also a lot can change in 3-6-9m, see it as an opportunity to continue saving for items such as furnishings, appliances etc after the actual House buying costs are used up and building a savings pot for rainy days. In that time, lenders offers may also change. For example we had a DIP in Jan with one lender based on a 10% deposit, but by the time we found a house we liked, offered on and it was accepted, out DIP had expired, we'd managed to save enough to now have a 15% deposit and our broker found us a better deal with a different lender and more favourable rates.

In that time your husband will also be working and will have more than enough of a 'probation period' amount of payslips. Re. Credit card, no harm in taking one out with a limit of £1000 if you're just going to be using it for daily bits like fuel and food shops - as everyone else has said, just set up the DD to put the full balance every month.

Good luck!

Swash

Just want to say I know it is rubbish but it will work out in the end. I was refused a mortgage for my first house for the same reason as you. I got a CC, paid for fuel with it and paid it off each month. I did this for 6 months and then applied for a mortgage again. No issues the 2nd time around. Good luck!