Get A Mortgage With A New Job

Specialising in pairing people with their perfect mortgage

Can I Get A Mortgage With A New Job?

So you’ve secured your dream job which is great news for you as you embark on your latest venture in life. Now you’ve got your new job, you may start to think about buying your own home for the first time. But starting a new job could make being accepted for a mortgage more difficult, even if you earn more. Here you can find out why and what you can do to improve your chances of getting a mortgage with a new job.

Why Will I Struggle to Get A Mortgage With A New Job?

There’s a good chance that if you’ve just started a new job, you may struggle to get a mortgage. This is because most lenders will only offer you a mortgage if you have been in your job for a while.

There are some lenders that may accept you if you have worked at your job for three months or less, but they can be difficult to find if you’re not sure where to look for them. In some cases, mortgages will only be available to you if you’ve been in your job for more than three years.

Largely, it depends on the lender’s acceptance criteria and their set of rules that determine who they are happy to provide a mortgage to. The factors include your employment status, age, income and credit record.

We have the skills and expertise to match people with their perfect mortgage. We’ve already helped hundreds of people obtain a mortgage and consequently secure their dream property. We have even helped people release money from their property to make them more financially secure or to complete the home improvements you’ve always wanted.

         Posted on Google  
   
   Ioana Tomut 
 
 
 
  We have worked with Karen and Kirsti and are extremely happy with how they handled our account.  This was the second time we have attempted to buy our first house and we have worked with another mortgage advisor before. While both were excellent in terms of service and communication, Karen's suggestions for solicitors and survey were significantly cheaper to what we were quoted last time. I greatly recommend them. They also help out chase solicitors which can really help reduce the stress during this process.
  
 
      Posted on Google  
   
   C E Maund 
 
 
 
  Excellent dealings with Karen Cardozo - mortgage knowledge and experience second to none and most helpful and friendly too.
  
 
      Posted on Google  
   
   Jackie Murphy 
 
 
 
  I found Regal Finance to be both knowledgeable and helpful, carefully explaining our options, finding the best deal for our specific needs. The after care has been excellent with Kirsty keeping in touch as required. All in all I would highly recommend them.
  
 
      Posted on Google  
   
   Nicole Natale 
 
 
 
  Kirsti was amazing throughout the process! Clearly explained all the steps and made sure we got the best deal possible. Would highly recommend.
  
 
      Posted on Google  
   
   Bhavin Patel 
 
 
 
  We were incredibly fortunate to work with the team at Regal Finance. As first-time customers, we had many questions, but Matthew and Kirsti put us at ease with their expertise, responsiveness, and commitment to superior service. From the initial consultation through closing, the process with Regal Finance was an absolute breeze. Matthew and Kirsti took the time to walk us through all of the available options, explaining each step clearly so we could make fully informed decisions. What impressed us most was Regal Finance's lighting-fast turnaround times. They worked tirelessly to hit every milestone and deadline, ensuring everything stayed on schedule. Even when our busy workloads pulled us in different directions, Kirsti remained focused and communicative. The team's deep knowledge, allied with their warm professionalism, made a daunting process feel straightforward. We give our highest recommendation to Regal Finance. From understanding our unique needs to securing the perfect mortgage product, they absolutely exceeded our expectations. Our sincere thanks to Matthew and Kirsti. Bhavin & Shrina
  
 
      Posted on Google  
   
   Tom Boyd 
 
 
 
  Really great service provided by Richard and the team at Regal Services. They worked hard to find the right deal for me, provided a very quick turnaround, were communicative and very friendly throughout the process. Highly recommend!
  
 
      Posted on Google  
   
   Jason Edwards 
 
 
 
  My first time to use Regal finance, and it won’t be the last. Nothing is too much trouble, speed of process, finance options, step by step guide to the art of the possible. Kirsti has keep me on point, to which I’m very grateful, as sometimes my workload and diary take me off in another direction!!! I can highly recommend their services; they absolutely get things done! Thank you team Regal Finance.
  
 
      Posted on Google  
   
   Em 
 
 
 
  Both Kirsti & Matthew have been so helpful and attentive to our needs. This process would have been much more stressful without them helping us! Thanks again both.
  
 
      Posted on Google  
   
   yolanda gomez 
 
 
 
  I would thoroughly recommend using the Regal Finance Group. Matthew and Kirsti have been nothing but supportive, extremely attentive and patient with us. Buying your first house can be quite stressful at times but having the help of an amazing team who will answer the phone anytime has been really helpful. Thanks again for everything, we will definitely be using you again!
  
 
      Posted on Google  
   
   Dan Churchouse 
 
 
 
  We used Regal for our recently completed house purchase. The mortgage was a relatively complex arrangement given it consisted of two parts (a result of porting over the terms of an existing mortgage and adding additional debt on new terms) but Matthew Graves and Kirsti Newman were very clear in their articulation, making it easily digestible and allowing me to factor into monthly affordability. They were also speedy in their responses and clearly not biased to any one provider. I feel safe in the knowledge that I ended up with the best deal available and would highly recommend their services.
  
 
  
 
   Google rating score: 5.0 of 5, based on 83 reviews

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Why Might Lenders Turn You Down

A lender could turn you down for a mortgage as you pose more of a risk after you start a new role. You could become unable to afford your mortgage payments if you lose your job due to underperformance during your probation period, as your company could terminate your contract without notice in this period until your role becomes permanent.

Or if your employer needs to make cuts, the newest employees are usually the first to go.

What If I Earn More Now?

If you earn more, it will stand in your favour when it comes to getting a mortgage with a new job, as a higher salary can lessen the impact as it increases what lenders think you can afford to borrow.

You will need to prove your new salary, so it’s best to ask your employer to confirm it in writing.

On the flip side, if you would be earning less, moving to a new job with a lower pay obviously means the amount you can afford towards mortgage payments will go down.

Get In Touch

We work with a range of providers to find you the best mortgages available from an array of lenders and we pride ourselves on putting the right person with the right product, whether it’s for mortgages or protection.

So what are you waiting for? Give us a call to find out more.

Get A Mortgage With Regal in 3 Easy Steps

Step 1

Complete an enquiry form and an advisor will call you back.

Step 2

Send us the documents we need.

Step 3

Receive a Decision in Principle from one of our lending panel.

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Get A Mortgage With A New Job

Can I Get A Mortgage With A New Job?

Why Will I Struggle to Get A Mortgage With A New Job?

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Why Might Lenders Turn You Down

What If I Earn More Now?

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