Changing careers
Are you experiencing a career change?
Changing careers is a big move that offers many exciting opportunities. In your new role, you may have to undergo a probationary period that is included in your new contract of employment. This sets out the conditions of your employment within a company.
During this probationary period your performance is under review. At the end of the period you may be offered a full-time position and receive benefits or a promotion. However, your current employment may be terminated.
What do lenders think?
Due to your short term employment and the chance that you may lose your job during the probationary period or at its conclusion, the banks are often reluctant to lend. Generally, banks will only lend once the probationary period is over and they are satisfied that you have job security.
How can we help?
We can assist people who are changing careers, however we always want to be sure that you are confident you will stay in your job. This will reduce your risk of defaulting on your loan, should you get approval.
If you have just changed careers and are undergoing a probationary period, get in contact with the right experts to help you get approval fast!
