Is one year's financial history enough for a mortgage?

K

KarlK

Guest
Will a borrower be accepted with a single year's p60 or would all lenders want proof of earnings before then?
salary: 100
loan: 400
savings: 400
LTV: 50%
clear credit record inc previously paid off mortgage
 
most recent 6 to 12 months employment history is sufficient unless your looking to borrow 100% whereby some lenders request 3 years employment history.
 
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