Maternity Leave Mortgages

Maternity Leave Mortgages

Maternity leave is an exciting time, but it can also come with a few concerns when it comes to mortgages.

There are plenty of lenders who accept mortgage applications from people on maternity leave, but it’s not as straight forward as it is for those not on maternity. Lenders will want a good understanding of your situation as a whole. Things like, but not limited to the following:

• Date you started/starting maternity leave?
• What your return-to-work date is expected to be?
• Will you return to work on reduced hours?
• Will you have childcare costs once you return to work?
  
  

There are a lot of things that need to be considered before a lender will agree to a mortgage. In my 13 years of experience, I have not had any issues securing a mortgage for Maternity leave clients. Part of what we do is ensure we can build a solid case to put forward to the most suitable lender for you and your circumstances. It’s always best to speak to a friendly advisor to get a better understanding of where you stand. We are here to help so please feel free to contact us for a chat.

All mortgage applications are subject to affordability, criteria and credit status.