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New mortgage and furlough

When you are still fully employed and have returned to work in an industry with security how can the banks refuse you because you have furlough in you last 3 months payslips 

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 19 May 2021 at 9:13PM
    Furlough is less about you and more about the financial strength of your employer and the future prospects for the business.  
  • K_S
    K_S Posts: 6,908 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    When you are still fully employed and have returned to work in an industry with security how can the banks refuse you because you have furlough in you last 3 months payslips 
    @stapes1509 In case you aren't aware, not all lenders will reject you for that reason.

    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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