Applying for a mortgage is an exciting step, but being declined can feel discouraging. One reason some applications don’t move forward is employment history.
How Lenders View Employment History
Lenders look for steady and reliable income when deciding whether to approve a mortgage. If you’ve recently started a new job, switched careers, or had a break in work, this can sometimes make them cautious. For self-employed applicants, limited trading history may also raise questions.
That doesn’t mean it’s the end of the road. Some lenders specialise in helping people with less traditional or shorter employment histories. With the right guidance, you can still find a solution that works for your circumstances.
At Muuvin Mortgages & Protection, we take the time to understand your situation and explore the lenders most suited to you. If employment history has been a challenge, you can schedule a no-obligation call with us to discuss your options.
Can I get a mortgage if I’ve just started a new job?
Yes, some lenders will still consider you, but others may prefer at least a few months of employment in your current role.
Do self-employed people need more documents?
Usually, yes. Lenders often ask for at least one to two years of accounts or tax returns.
What if I’ve had a career break?
It may limit some options, but there are lenders who consider applicants returning to work after a break.
Disclaimer
Your home may be repossessed if you do not keep up repayments on your mortgage.
This article is for general information only and should not be taken as advice. Mortgage applications are subject to status and lender criteria. The information provided is correct as of the date it was posted and may be subject to change without notice.
