Applying for mortgage on maternity leave

Bernie86 · 18 February 2018 at 7:02PM

Hello,

Has anyone recently applied for a mortgage whilst on maternity leave?

The home my husband and I currently live is in my name - i.e. I am the owner, mortgage in my name only. We'd like to move to a bigger house and get a mortgage together but I will soon be on maternity leave and wonder if this will jeopardise our chances...

I'd be grateful for any advice and suggestions of companies that might be willing to consider us.

Many thanks in advance!

kingstreet · 18 February 2018 at 7:06PM

Different lenders take different approaches - to maternity leave and to the cost of childcare after return to work.

An independent broker would be a smarter idea than "suggestions of companies that might be willing to consider us" as you'll then have the chance of the best deal and not just a lender someone has stumbled over when researching.

katie4 · 19 February 2018 at 12:48PM

We bought our first home when i was on maternity leave
i started my maternity on full time hours so gave my full time wages when i returned to work however i returned part time- two days a week
if i was part time we wouldnt have gotten the mortgage so it was really good timing for us

we are with monmouthshire building society

darwin777 · 19 February 2018 at 2:39PM

thanks for the useful info

beckstas-money · 9 July 2018 at 12:02PM

Hi,

How did you get on?

I would like to apply for a mortgage within the next 2 months but start maternity in December. My mat leave includes 6 months full pay then SMP.

Will this hinder my chances?

amnblog · 9 July 2018 at 3:06PM

You will not be on maternity leave.

scottishblondie · 9 July 2018 at 5:40PM

See a broker, a good one really is worth their weight in gold. Getting our new mortgage was so much less stressful once we had our broker working on it.

Applying for mortgage on maternity leave

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