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Mortgage approval after probation

  • 21-07-2015 6:39pm
    #1
    Registered Users, Registered Users 2 Posts: 31


    Does anyone know what the banks stand point is in getting a mortgage after changing jobs ?
    I have recently changed jobs and have a four month probation after which I will be made permanent.
    Is there any chance getting a mortgage approval straight away after probation - I have a good credit history, 40% of the purchase price saved up ?


Comments

  • Registered Users, Registered Users 2 Posts: 1,256 ✭✭✭Trish56


    Lenders usually require you to be in your current employment for between 6/12 months. If you are employed in the same sector and once you're finished your probation you should be considered for a mortgage. The fact that you have a 40% deposit will also stand to you.


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