Hi folks,
Does anyone have any ideas how much stock mortgage providers put into how long you have been working for a particular employer when applying for a mortgage or remortgaging?
I was recently made redundant as the company I worked for went bankrupt. At the same time my mortgage deal ran out and I've been put onto the SVR which increased my mortgage payments by nearly 10%. Fortunately, I've got a new job and start work next week but I don't know how the lack of time spent working for my new employer will be viewed by the mortgage lenders.
Does anyone have any advice/views on this? Am I going to be stuck on SVR until I've worked a certain length of time for my new employer?
Cheers,
Does anyone have any ideas how much stock mortgage providers put into how long you have been working for a particular employer when applying for a mortgage or remortgaging?
I was recently made redundant as the company I worked for went bankrupt. At the same time my mortgage deal ran out and I've been put onto the SVR which increased my mortgage payments by nearly 10%. Fortunately, I've got a new job and start work next week but I don't know how the lack of time spent working for my new employer will be viewed by the mortgage lenders.
Does anyone have any advice/views on this? Am I going to be stuck on SVR until I've worked a certain length of time for my new employer?
Cheers,