Maternity Leave

Are you on maternity leave and wanting to move the family home? The drop in income to maternity pay doesn’t mean you are unable to get a mortgage. Have a listen to the 60 second clip and if you need to know more get in touch via email Your home may be repossessed if you do not keep up repayments on your mortgage.

welcome to your 60-second snippet on the mortgage world and today’s subject maternity leave. A common misconception is that if you’re on maternity leave your income won’t be taken into account for a mortgage. Well let me tell you now you are wrong. Many lenders criteria will not discriminate against someone who’s on maternity leave. They will do their normal checks and they’ll make sure that you have the intention to go back to work and they might verify that with your employers but you’re going to want to do that anyway if you’re looking for a mortgage based on the future you need to make sure you can afford it. When you’ve had a new young one and you’re on maternity leave that’s probably one of the biggest times that you’re going to realize you need a bigger house and you need to start looking. That’s when you can speak to a mortgage advisor who knows the whole of the market and will fit your circumstances, your affordability to a lender that fits you. So speak to someone that knows what they’re doing and they’ll meet exactly your needs and demonstrate what lenders are available to you

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