How the fuck am I supposed to relocate when these are the 'rules'?

[PissedOffAndStuck]

TL:DR

I want to relocate 200+miles away. I can't get a mortgage in principle because I won't have a job initially due to the distance; I can't get a job because I can't commute 200 miles each way to work!

Help!!!

Wanting to relocate from South Coast to North Yorkshire. Have a good amount of equity but want to reduce outgoings. Would still need a small mortage to buy new place (approx 15% LTV). After current home is sold and all expenses paid would be debt free with a contingency fund of approx £10k.

My current mortgage provider won't talk to me about anything because 'we can't offer advice' but you need a job for any of our products including porting your mortgage.

Mortgage providers in general want proof of regular income which given that I'm moving over 200 miles I can't provide.

Looked into shared ownership - 75% share purchased outright and £146 per month rent with option to staircase to 100% one I'm settled and get a job and can get a mortgage...computer says no...they also assess on monthly income.

How TF do people relocate? I'm looking for remote working jobs but ones that would suit me are few and far between and presumably one of the finance jobsworths is going to want umpteen payslips in triplicate before agreeing anything.

I've waited so long to make this move and my current lifestyle is absolutely killing me.

Can anyone suggest a way I can make it work? I might be able to scrape together enough to buy something without a mortgage but it would be tight.

I dont think this is true particularly for the very low mortgage that OP is after. I haven’t produced payslips in over 10 years-most recent purchase 5 years ago and remortgaged last month. My mortgage is x10 value of OPs. No one asks where my work is based - They’re not going to put much work into an£35k mortgage

Perhaps not. But they are also often the ones who throw around "you are stupid to live in London, move somewhere cheaper" so we are taking them up on their offer to move to their village.

I have to say the good folk of North Yorkshire have been nothing but welcoming on my many visits, including when I've mentioned that I plan to relocate.

I've already got a craft club, book club and wine buddy lined up 😁

I've had the same experience relocating to Devon. I feel very well settled here thanks to all the lovely people in the area. But in Bristol I was forever "the Londoner" even though I moved from West Sussex.

@Catza thats lovely to hear.

My daughter is in Bristol but she's a student so I think the most of the people she mixes with aren't Bristolian originally.

I'm from London originally but grew up in WSx from a very young age but have never felt quite like I fit here.

By contrast Yorkshire has felt like home from my first visit - my dad loved it up there and we were very alike so maybe not that surprising.

I hope you figure it all out. Sounds like a really positive move for you x

I'm sure you'll be ok. I had to move in October 2019 because that's when my new job started, I hadn't yet sold my old house so I had to move and pay rent AND my mortgage for three months. I had about £20 a week to live on.
Then I managed to sell and move into my new home in Feb 2020 a day before lockdown started which was very fortunate but it was all very very stressful.

Well I had a really encouraging consultation with a mortgage broker in my future home town 😁 this afternoon, and have a meeting booked next week to discuss an offer of a remote working job, so finger crossed 🤞