Can You Get a Mortgage If You’re About to Start a New Job?
Getting a Mortgage with a New Job: What You Need to Know
If you’re about to start a new job, you may be wondering whether it will affect your ability to secure a mortgage. Many lenders prefer applicants with stable employment, but that doesn’t mean you can’t get a mortgage if you’re switching roles or starting a new position. In fact, there are plenty of mortgage options available—even if you haven’t received your first payslip yet.
How Does a New Job Affect Your Mortgage Application?
Anew job can sometimes be seen as a risk, as it may take time to establish your financial stability. However, lenders will also consider factors such as:
- The type of employment contract (permanent, fixed-term, self-employed, etc.)
- Your income level and whether it’s an increase from your previous role
- The industry you work in and your job history
- Whether you have passed your probationary period
Can You Get a Mortgage Before Starting a New Job?
Yes! Some lenders are happy to offer mortgages based on a signed employment contract. This means you may be able to secure a mortgage even before you start your new role. Lenders will simply require the following;
- A formal job offer letter or contract stating your start date and salary
- Confirmation that the start date of your new job is starting within 3 months of the application being submitted
What If You’re Changing Careers or Industries?
If you’re staying within the same industry and have a strong work history, lenders may be more lenient. However, if you’re switching to a completely different career path with no prior experience, lenders will still consider this.
How Probation Periods Affect Your Mortgage Application
Some lenders require you to have passed your probation period before approving a mortgage. However, many on the high-street will still consider your application.
Best Mortgage Options for Those Starting a New Job
If you’re about to start a new job, working with a specialist mortgage broker can help you find lenders who are more flexible with employment changes. At Quanstrom Financial, we have access to lenders who consider:
✅ Applicants starting a new job before their first payslip
✅ Professionals changing careers or industries
✅ People still within their probationary period
✅ Fixed-term contract workers and self-employed applicants
How to Improve Your Chances of Mortgage Approval
If you’re applying for a mortgage with a new job, here are some ways to strengthen your application:
✅ Maintain a Strong Credit Score – Ensure your credit report is in good shape by making payments on time and reducing outstanding debt.
✅ ProvideEmployment Proof – Have a copy of your job contract, offer letter, or an employer reference ready.
✅ Work with a Mortgage Broker – A specialist broker can match you with the right lenders and ensure your application is presented in the best possible light.
Speak to an Expert Today
If you’re starting a new job and want to secure a mortgage, our expert team at Quanstrom Financial can help. We specialise in finding mortgage solutions for professionals in all employment situations, ensuring you get the best possible deal.
📞 Call 01323 364 432 for expert mortgage advice
📧 Email info@quanstromfinancial.co.uk to discuss your options
