TUPE Mortgage Application Issues

[rgar]

I will not mention names for obvious reasons.

I am a manager at a company, which recently bought part of a business and some contracts from another company. As a result of this process, it involved transferring some staff across.

One of the TUPE staff was applying for a mortgage prior to the transfer, now since he informed his bank of this, they have turned him away and told him to come back in 12 months time as they consider it to be a change of job / employer. This particular staff member had 6 years service with the previous company. He approached me to say he was very unhappy with this.

Would anyone have any advise on this or if we as a company could assist him in some way by providing a letter stating he transferred employer under the Transfer of Undertakings Legislation and his years of service still stand.

Thanks.

 

[Brendan Burgess]

Would anyone have any advise on this or if we as a company could assist him in some way by providing a letter stating he transferred employer under the Transfer of Undertakings Legislation and his years of service still stand.

Thanks.

That seems like a good idea. Maybe give a bit of background to the takeover.

Unfortunately a lot of decisions are made by programs and the guys don't really get to exercise their judgment.

Brendan

 

[ryaner]

The letter might help. The 12 month period is usually to cover probation although from experience, the banks are able to side-step that if they need to.