Changing the mortgage offer

[JackMummy12]

Hi,

I need some advice.

I’m really unhappy in my job at the moment, all being made worse by the stress of a move that has been going on since the end of July last year.

I’ve got to the point where I am so unhappy in my job, I want to leave but it will put our house move at risk.

I could reapply for my mortgage and buy the house solely on my husbands income, which has increased since we last applied as he is on CIS and is based on his last 3 months income which is higher than what we originally submitted and should cover the mortgage.

I’m a bit concerned our mortgage lender will find it odd if I be asked to be taken off the mortgage if we reapply and ask questions as to why, if they don’t approve the new mortgage I’m worried they will know I’m unhappy in my job and withdraw the mortgage offer we currently have. Has anyone been in a similar situation? It’s all so stressful and I’m barely able to function at the moment. We need to move as our house just isn’t big enough for us at the moment.

I really would appreciate any advice

Why is the move taking so long? Do you mean July 2021?? Is it ever going to happen? Hasn't the mortgage offer run out? Where are you in the process? If you can stick it out and there is an end in sight for the move then do. The second you complete you can hand your notice in.
The risk if you do it now is that you won't get the same mortgage offer. .. interest rates have risen. You may delay the move further....
However, you also need to stay well. What does your husband think?

My husband wants me to get better, I’ve been really unhappy for a while and been telling myself to stick it out.

Yes we put our house on the market in July, sold September, didn’t find something till October and then our buyer pulled out the day before exchange. We found a new buyer straight away but it’s been slow.

The mortgage runs out the end of May, but I’m wondering whether to get a new offer now on just my husbands salary.

Will you complete in the next month? What are the current expected completion dates from you solicitor?

I wouldnt risk it personally banks are getting cautious with the increasing price of living. Stick it out for a few more weeks if possible. Have you got annual leave you could take to give yourself a break or if your unwell go to the doctor and get signed off sick

I’m worried even getting signed off sick will leave me vulnerable! I don’t know how to give some relief. I’m sure the estate agent is sick of me.

In regards to annual leave I’ve been there 6 months, in that time I’ve taken one days annual leave aside from the Christmas period which the office shuts down for.

Apparently it’s an organisation wide problem. Everyone is totally burned out.