Redundancy before I sign new agreement

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    Redundancy before I sign new agreement

    Hi all,

    Just wanting some opinions. Due to issues in my current rented property, I am having to move. I am currently going through a consultation period of possible redundancy, me and my partner have now put a holding deposit down but I'm wanting to know if the estate agent find out about the redundancy will they refuse us? We have enough for 3 months rent and I have 3 interviews lined up with 2 of them being second round interviews, please let me know thoughts as this is my dream property and don't want to let it go

    Thank you

    If your partner's salary isn't sufficient I would expect them to turn you down if they find out. If it's a big company I doubt they will say anything until they actually make you redundant as until then you are only under threat of it. Usually they just confirm you're employment status and salary.


      Of more relevance why do you want the property if you cannot afford it? 3 months of rent is very low savings if you don't have a job - maybe you should wait for the job to be confirmed first - do you have to leave the current place?


        I would agree with the above, if i were under threat then i would certainly not be making a big purchase...... and new more expensive AST is just that.


          Are you buying or renting this dream Property?
          Mortage Lenders now have to consider Affordability and LLs should apply similar with a Credit check recomendation.


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