How long do you have to be in employment?

PM22 · 27 February at 8:51AM

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?

amnblog · 27 February at 9:02AM

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

ACG · 27 February at 10:18AM

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.