PLEASE READ BEFORE POSTING

Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

Off sick before completion

Hello,

i have a quick question…. I am off sick for a couple of weeks before completion because of stress. I will be back to work before completion, could it cause a problem if the mortgage lender was to ask for a payslip before completing and saw I was off sick for 2 weeks? 
«1

Comments

  • tdawber
    tdawber Posts: 116
    First Anniversary First Post Name Dropper Photogenic
    Forumite
    I I wouldn’t have thought the mortgage company would ask you for a payslip now, this was done when you applied for the mortgage. 
  • Bradden
    Bradden Posts: 1,053
    First Post First Anniversary Name Dropper Photogenic
    Forumite
    I've no idea.. but just wanted to wish you luck.. moving house is a about as stressful as you can get.. if you're already suffering with stress I hope it goes smoothly!
  • K_S
    K_S Posts: 6,660
    First Anniversary Photogenic First Post Name Dropper
    Forumite
    Hello,

    i have a quick question…. I am off sick for a couple of weeks before completion because of stress. I will be back to work before completion, could it cause a problem if the mortgage lender was to ask for a payslip before completing and saw I was off sick for 2 weeks? 
    @johnnyboy98 If the lender were to ask for a fresh payslip prior to completion and it did not show the normal pay, it might lead to more questions. Having said that, the likelihood of them asking for a fresh payslip is very very low.

    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.

  • Thanks K_S. The pay will be the same except that it will show some paid sick leave. 
  • teachfast
    teachfast Posts: 633
    First Anniversary First Post Name Dropper
    Forumite
    You are supposed to notify the mortgage company of any significant change in circumstances. Stress may, or may not, count depending on how acute it is or whether it has affected your employment status (eg you have triggered a stage of absence management tha puts your job at risk, especially if they have written to you about this).

    Stress is a very subjective condition. Could you not return early (eg after one week self certification) and avoid the issue?

    Remember doctors will take the easy route and sign you off at the drop of a hat. Doesn't mean you have to be off.
  • TBagpuss
    TBagpuss Posts: 11,198
    First Post First Anniversary Name Dropper
    Forumite
    2 weeks sick leave is unlikely to be a major issue - particularly now when many people will be off sick if they need to self-isolate. If you were seriously ill and expecting to be off for much longer that might well be a significant change of circumstances which you should tell the lender about. 
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
  • teachfast
    teachfast Posts: 633
    First Anniversary First Post Name Dropper
    Forumite
    TBagpuss said:
    2 weeks sick leave is unlikely to be a major issue - particularly now when many people will be off sick if they need to self-isolate. If you were seriously ill and expecting to be off for much longer that might well be a significant change of circumstances which you should tell the lender about. 
    Many employers seem to be discounting self isolation for sickness purposes.
  • To put your mind at rest, I think it highly unlikely you will be asked for payslips now. My understanding is that financial searches are completed before completion (to check there are no charges on your property since the original searches). 
    Wishing you all the best, and hope the move goes smoothly. 
  • teachfast said:
    You are supposed to notify the mortgage company of any significant change in circumstances. Stress may, or may not, count depending on how acute it is or whether it has affected your employment status (eg you have triggered a stage of absence management tha puts your job at risk, especially if they have written to you about this).

    Stress is a very subjective condition. Could you not return early (eg after one week self certification) and avoid the issue?

    Remember doctors will take the easy route and sign you off at the drop of a hat. Doesn't mean you have to be off.
    2 years later and I have just seen this reply…. I was stressed because my sister had been diagnosed with stage 3 ovarian cancer, she passed away this year. Yes, I could have worked but I would not have been productive, stress can be debilitating. Anyway house competition went ahead with no issues. Thanks for 
Meet your Ambassadors

Categories

  • All Categories
  • 341.7K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449.1K Spending & Discounts
  • 233.6K Work, Benefits & Business
  • 606K Mortgages, Homes & Bills
  • 172.4K Life & Family
  • 246.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards