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mortgages
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No best answer has yet been selected by julie6003. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.There is no definite period - it will depend on your personal circumstances and the risk to the lender.
Obviously, someone who has been in the same job for 10 years is perceived as a lower risk as they have a good track record with their employer.
Conversley, if you have changed jobs several times in the last couple of years, you will not be perceived as such a good risk. Whislt a mortgage company may still lend you money, it will depend on things like the deposit available and the rate may be higher.
Just a word of warning - don't be tmepted to lie - more lenders are carrying ut job checks now where they phone up your previous / current employer and ask how long you have been there.
Sorry can't give you a definitive answer, but as said, it really does depend on your own circumstances.
Oneeyedvic has got it spot on here.
Furthermore, most lenders have abolished the salary multiple equations to determine the amount of the loan. They go by affordabiltity - if you can afford to repay the mortgage - then the loan will most certainly be sanctioned in principle.
If you are self employed then they will need to see confirmation of earnings usually in the form of auditted accounts.