26% of aspiring homeowners say they’ve either abandoned or delayed plans to pursue a dream career because they felt it would impact their chances of getting a mortgage. Generally, the less time you’ve spent with your current employer, the more cautious lenders become. But while you might have to shop around, getting approved with a new job is absolutely achievable.

Most high street lenders prefer applicants who have been in their current role for at least 3 to 6 months – even 12 months for some sectors or if you’re still on probation. However, lenders like Nationwide and Halifax often accept a letter if your start date is within the next 4 weeks and your salary is fixed. Last year, Halifax made positive changes by allowing bonus incomes from previous jobs count towards affordability checks which helped open doors for those who have recently changed roles.

Getting a promotion or pay rise without changing roles is a clear win for mortgage approval. Lenders like Santander often consider future pay rises if backed by a letter from your employers which can increase how much you’re allowed to borrow, sometimes by up to 10%.

If you’ve got a signed contract and a confirmed start date, you’re in a good position. Some lenders will begin processing your mortgage even before your first payslip, as long as your paperwork is in order. Switching from a contract to a permanent job can also strengthen your application by showing more stable income.

Mortgage brokers have seen lenders like HSBC and Lloyds offering more flexible products for career changers, particularly in sectors where job moves are common. As long as you’re new role is permanent, your salary is confirmed in writing, and you’re upfront about the change, there are plenty of lenders who will consider your application. If not, it may be worth waiting until you’ve been in your new role for 6 months or more, or putting down a larger deposit.

The bottom line is changing jobs doesn’t have to hold back your mortgage plans. Lenders are adapting to the way people work and if one says no, others might say yes With the right paperwork, a smart lender choice, and a good broker on your side, getting a mortgage with a new job is more than possible.

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