Can Getting a New Job Affect Your Mortgage Application?

When looking to mortgage or remortgage a new job does not always result in difficulties getting finance. When applying for a mortgage the lender will consider a number of factors these include credit rating, debt levels and employment history.

When looking at your mortgage enquiry the lender will look at your historic employment information, if you have regularly been in work this will be regarded as a big plus. The type of your employment contract will also factor depending if it you have a trial period or if you are fully employed. If you have moved jobs and you have had an increase in wages this could actually benefit your mortgage application as this could increase your monthly affordability.

Whether you are considering getting your first home as a first time buyer, raising funds for home improvements, moving up or down the property ladder, looking to take advantage of the latest ‘Help to Buy’ mortgage scheme or someone looking to invest some of your savings in property through buy-to-let schemes, we can invest the time to help you make the right decision.

Please feel free to take a look through our site to find more useful information and get some pointers…or better still just get in touch now to see how we can help you.

We recognise that you have a great deal of choice when it comes to picking your mortgage provider or when choosing your mortgage broker but you may also be asking “Why use a mortgage broker” when there are so many other providers and sites out there all offering to do the same, here at First Choice Finance we search for mortgage plans from our extensive panel of mortgage lenders to find a deal that best suits your circumstance.

We very much look forward to hearing from you and arranging a convenient time to discuss your mortgage advice requirements further…we’re only a phone call away, or simply fill out our quick enquiry form and we`ll be right in touch.

There are numerous paths to establishing the best mortgage deals, and among the most popular is still by utilising the services of a mortgage broker such as ourselves, as skilled professionals we look at the mortgage market and keep themselves abreast of all the latest information and different types of home mortgage available. They are then able to impart this knowledge and understanding to those seeking a mortgage.

In truth, due to the huge array of offers readily available through so many different vendors the inexperienced person can have difficulty finding the best mortgage deals out there. This is where a mortgage advisor will come in to their own. They will already have undertaken much of the groundwork for you and just need to apply their knowledge and fine tune the results, providing you with the best deals from our panel of lenders based on your requirements.

Nothing beats a personal one-on-one with a qualified mortgage advisor but this doesn’t mean you shouldn’t do some research yourself. Finding and understanding the best deals takes a little bit of legwork, so it’s well worth being informed.

Mortgages & Remortgages 8.4% APRC. Representative Example: Borrow £120,000 over 25 years at 5.99%, £778.86 pcm fixed for 3 years at 60% LTV. Then at 8.75%, £974.86 pcm, variable for 22 years. Total payable £286,416. Total cost of credit £166,416 (including: £985 broker fee, £999 lender fee & £164,432 interest)

Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home. We Advice Upon & Arrange Mortgages & Loans. We Are Not A Lender.

First Choice Finance is a trading style of First Choice Funding Limited of 54, Wybersley Road, High Lane, Stockport, SK6 8HB. Copyright protected.