I believe 12 months is a HSE standard. I doubt they are negotiable. Unfortunately refusal to rent is unlikely to win against inability to get mortgage.A 12 month probation seems a very long time. It's there any possibility of negotiating a reduction in this is? I would have thought 6 months is the norm.
The other possibility might be too reapply for a mortgage after 6 months and see if they might take you earlier given you'd have six months done.
Seeing you've managed to amass a huge deposit why can't you keep going as you are for another 6-12 months?
My guess is that a broker may be able to get the mortgage arrangements in place, but that drawdown can't take place until probation period is complete.I wonder if a broker might be able to find some flexibility in the system and lenders' usual insistence on being past probation in a job?
Which bank?Update for anybody interested:
We are applying for 80% LTV, well below out 3.5 x salary and the bank are happy to let us draw down despite probation period.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?