New home but not new job

[limeandstrawberry]

We had our offer accepted on a house with an estimated move in date of December. I wasn't aware that during this time you can't change jobs.

I applied for my dream role within the NHS as a PA. Salary increase of 16% and less hours than I'm on now. I hadn't heard anything for 3 weeks so forgot about it but today I was offered an interview!

My broker just said absolutely not, the lender wants minimum 6 months of employment for an offer and if I change he has a duty of care to tell the lender which likely means our mortgage offer is withdrawn.

AIBU to be frustrated? I doubt anything like this will come up again and I'm so sad!

Can you get a new lender? If you don’t need to complete until December won’t your offer have expired anyway?

Is it an independent broker?

With a salary increase and six months before the move, can they not find another mortgage offer if necessary? Check any probation period on the job - if that's only 3 months then your job will be fairly secure by the time the mortgage actually begins - you've also got your existing employment history and recent evidence that you can successfully apply for a new job. Perhaps the broker just doesn't want the hassle.

@Merryoldgoat yes, independent. We were planning to get an offer extension.

Ours was 3 months. Sack the broker off and deal with the lender.

@lanthanum it was hard to find a lender originally as we're putting 5% down and apparently not many lenders are offering 95% mortgages at the moment.

It would be nice if he said go for it and we'll find another lender rather than 'if you do, I'll tell on you'

I have had 5 or 6 mortgages and a) only ever needed 3 months of history and b) once it was offered they never asked anything again - if I changed jobs between offer and completion no one would have known.

It’s an odd reaction from a broker. Mine has always had a ‘this is how we solve the issue’ rather than ‘you can’t do that’ approach.

When would the job start?

Actually, I’ve just remembered this happened to me and my broker didn’t even mention it - I moved on Dec 8th and started new job Dec 14th.

I’m sure you can find a lender who will accommodate you.

There are over 10 pages of mortgages at 95% loan to value on moneysupermarket.

I’d get a new broker.

Why did you even tell your broker? Also I don't think he's giving you accurate advice, I got a new job after our MIP, new job was about a 10k payrise, I submitted a letter confirming new salary and start date and contract and the lender increased the amount they were willing to lend so we bought a bigger house than we'd intended

just go for the interview and cross the bridge of being offered the job if it comes to it. I’ve never heard of anyone being denied a mortgage because they’ve accepted a job for more money. They want 6 months of pay slips, not necessarily with the same company

@Merryoldgoat thank you for sharing that with me, that's really good to know.

It may be because he is someone who follows the rule book and I do appreciate that but it would have been nice for a bit of support.

He can follow the rule book and offer a solution too.

I just spoke to the lender directly (my first time as the broker said he will always handle contact) and they said they'll always support someone going for a salary increase.

They wished me well for the interview and appreciated me asking the protocol first. If I am offered the job then they will refer our application to their insurance broker (not sure if I got that right) just to reassess. They said it shouldn't be an issue, the only issue would be how long the probationary period is.

@limeandstrawberry

New broker next time I think!

Nationwide let you do this with a future job or one that’s the same or better. Your broker isn’t very good as there’s plenty of deals and the lender isn’t likely to see it as unfavourable.

Are you currently NHS anyway?

@notagaim nope

Hi, did you get the job?

weirdly in exact same boat. I have a PA nhs interview Next week and currently waiting on our new build to be built (April-June) contemplating just not saying anything if I get the job. I am already Nhs tho. How was the interview? I’m nervous and also want to be a PA!

thanks xx

@notagaim

NHS jobs are deemed very secured by lenders, so don't worry.

@limeandstrawberry ? Xx