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Can I get a mortgage whilst being on sick pay?

Hi All, 

Just wondered, I have been searching around but will banks likely let me borrow if I am on sick pay? I am due to return back to work next month.

Thanks, 

Comments

  • freesha
    freesha Posts: 435 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Probably not. Start looking in 3 months
  • elsien
    elsien Posts: 36,299 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I agree. You may be due to return, but they will want to know that you have returned and can afford it. 
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
  • TELLIT01
    TELLIT01 Posts: 18,118 Forumite
    Part of the Furniture 10,000 Posts Name Dropper PPI Party Pooper
    If the OP means they have only received SSP then they are certainly unlikely to be approved for a mortgage.  However, if they have been on full pay from the employer although off sick, the mortgage company may not realise the situation.  Nonetheless, it would be a high risk strategy to take out a mortgage when off work.
  • rosa246are
    rosa246are Posts: 19 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    TELLIT01 said:
    If the OP means they have only received SSP then they are certainly unlikely to be approved for a mortgage.  However, if they have been on full pay from the employer although off sick, the mortgage company may not realise the situation.  Nonetheless, it would be a high risk strategy to take out a mortgage when off work.
    Hello TELLITO1 thanks for your message.  I have been getting half pay since being off sick from my employer.  I therefore believe then approval will be tricky.

    Thanks, 
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