My partner and I hope to buy a flat together this year. We've sorted a deposit and saved for fees for solicitors and home buyers reports etc. I've since been researching mortgage advisors to help get us a good deal, but I'm concerned about my partners employment history as he is the bread winner in our relationship. He originally worked for an insurance company for 18 months, he then got a better paid job at another insurance company, but left working there after only 3 months because they got funny about him taking various day off for hospital appointments as he had a health scare. He was unemployed for 6 months until getting a job in a marketing company which he has now been there for 8 months and gained a promotion in that time.
I on the other hand have been employed by the same employer for the past 5 years and would most likely be looked upon as 'stable'.
What I'm asking is, because of my partners flakey employment history, are they more likely to decline a mortgage application, or will we just pay a higher rate because of us being seen as higher risk?
Many thanks
I on the other hand have been employed by the same employer for the past 5 years and would most likely be looked upon as 'stable'.
What I'm asking is, because of my partners flakey employment history, are they more likely to decline a mortgage application, or will we just pay a higher rate because of us being seen as higher risk?
Many thanks