There is a huge disparity between what the bank will lend me when I'm not making pension contributions versus when I am making contributions. The lending difference equates to difference between a house being big enough and really not big enough.
Can I opt out of the NHS pension for the purposes of getting a better mortgage amount and then rejoin later? Or is rejoining after that too difficult?
In terms of mortgage repayments it is definitely affordable either way, so I'm not worried in that respect. I'm just unsure about the implications of temporarily leaving the pension.
Has anyone else done this? Any help gratefully received!
Please or to access all these features
Please
or
to access all these features
AIBU?
To take a pension contribution break to get a better mortgage?
44 replies
Brankolium · 14/01/2017 15:30
OP posts:
Don’t want to miss threads like this?
Weekly
Sign up to our weekly round up and get all the best threads sent straight to your inbox!
Log in to update your newsletter preferences.
You've subscribed!
Please create an account
To comment on this thread you need to create a Mumsnet account.