Sorry if this seems very simple to others but I don't know!
When I bought my first home, I got a mortgage and they wanted to see either 3 or 6 months of payslips to check affordability. All good, got the mortgage and have since paid it off fully. Now though I'll need a completely new mortgage rather than porting it.
Now we are thinking of moving to the other end of the country, how would getting a mortgage work? As obviously they could look at our payslips from our current jobs but we will be leaving them, and won't have payslips from a new job until after we've moved.
We would only need a 25% mortgage which would be around £355/ month / 30 years. Would it be possible to get that mortgage if we could show we have some savings to cover it for say a year, until we get work in our new location?
Thanks in advance.