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Financial Services > Mortgages > Questions > Current Employer

Length of time with current employer

As with your length of time at your current address, the longer you have worked with your current employer, the more stable your finances are likely to be. However, due to the ever-shortening nature of employment contracts, whereas 30 years ago, 10 years' service would be considered a reasonable length of time, a period of two-to-three years with the same employer should be sufficient to satisfy most lending companies to a reasonable level.

Even if you have just started a new job, this should not exclude you from being able to borrow funds, especially if you have a contract of employment, and your first payslips, to prove your income.

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