Mortgage and trainee position.

D

daines

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With the amount my partner and I earn we qualify for a mortgage for the amount we want but we do not seperately (online approval in principle). I'm a trainee accountant in my first year and I have a three year contract (until I qualify) I'm just wondering if anyone can advise me on how this might affect an application. I know that you have to have a permanent position and I'm really worried that I won't get the mortgage because of this.
 
It will probably enhance the application - regardless of whether a job is permanent or not, there are no guarantees that it won't end tomorrow, so you're fine on that score. Once you've been in the same job for more than 6 months that's normally adequate for bank purposes.
 
Hi Daines, I was in similar position with my ACA contract having 30 months left on it back in September, didn't matter a thing. Probably a + onto the application that I was in such a good industry.
 
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