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How long do you have to be in employment?

Hi,

I got a mortgage with Aldermore despite having 8 defaults on my account. I was about to exchange contracts when I got sacked so the sale/purchase was off.

I am starting a new job 5/3. How long until I can apply for a new mortgage and get moving?

The mortgage broker - Haysto- said 3 months but my probationary period is 6 months......any ideas?

Comments

  • amnblog
    amnblog Posts: 12,785 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Aldermore say...  The applicants must be able to demonstrate a minimum of three months record of employment immediately preceding the mortgage application in the same line of work
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • ACG
    ACG Posts: 24,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    When did you get sacked? If there is maybe a week or 2 between leaving and starting the new job, you might get lucky. If it was a month then it might be a little on the high side. Speak to Haysto and see what they say. 
    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.
  • PM22
    PM22 Posts: 290 Forumite
    Fourth Anniversary 100 Posts Photogenic Name Dropper
    Thanks, good to know Aldermore say 3 months...
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