Mortgages During Employment Probationary Periods

Probationary periods are tentative and make it difficult to find mortgage approval without guaranteed stable employment. This guide explores how lenders view probation contracts and what you can do to progress your mortgage.

About your mortgage

Error: Yearly income income must be between £1 and £10,000,000.

Error: Regular bonus must be between £1 and £10,000,000.

Based on your yearly income, you may be able to borrow:


Most lenders will let you borrow 4.5 times your annual salary so, as long as you have a standard 10% deposit, you should be able to borrow this much.


Depending on your personal circumstances, some lenders may let you borrow 5 times your salary.


Lenders usually cap the amount they lend at 5.5 times your salary, so it’s unlikely you’ll be able to borrow more than this.

This calculator is an estimation of how much you could borrow. If you’re ready to take out a mortgage, speak to a Revolution brokers to see what options are available.

Mortgages During Employment Probationary Periods

Many people look for new mortgages or remortgages when in the early stages of a new job - and this is common if you have received a significant pay increase and want to improve your mortgage costs.

Revolution Brokers has compiled the most commonly requested information about buying a property on probation and applying for a remortgage.

If you have further questions or need professional support remortgaging on a work probation period, give us a call on 0330 304 3040 or send an email to

Can I Apply for a Remortgage if I'm in a Probationary Period at Work?

You can - and although high street lenders may not be able to help, several specialist lenders will be happy to consider your employment as permanent if you have a contract.

Lenders will look at things such as:

  • The type and content of your contract.
  • Whether your employer is happy to confirm the placement details.
  • How long the probation period is.
  • What the terms of the job offer are.

Underwriters will be unlikely to consider pay over and above your basic salary at this stage, as if you are on probation it can be hard to prove what bonus, overtime or commission you might expect to receive in the future.

How Can I Apply for a Remortgage When in a New Job?

The best option is to contact the business finance broker team as an independent, whole-of-market broker.

One way to improve your application is to demonstrate that you have a year or more experience in the same sector. That means that if the probation period were not successful, you'd have a good chance of finding a similar job and therefore you are a lower risk.

In most cases, using the length of your employment as a basis is used in other lending scenarios such as applying for a bank overdraft.

Why is it More Complicated to Remortgage in a Probationary Period?

The problem is that many mainstream lenders consider a probation period applicant higher risk. There is a chance that you won't complete the probation, and the role will not become permanent.

It is also possible that, were the business to announce redundancies, newer staff not owed redundancy pay and on probation would be the highest risk employees.

When you are new in a job, you won't be able to provide a minimum number of payslips.

However, you can undoubtedly find competitive lending, and by working with an experienced broker, you can secure attractive rates with reputed lenders.

Does My Job Type Make a Difference to my Remortgage Application?

It does because public sector workers - like doctors and teachers - have a more secure work base.

Your application will be evaluated on its merit, so it is vital to work with a specialist broker who can ensure you put your application forward in the most favourable way.

How Does Being in Probation in My Sector Impact My Remortgage Options?

Some roles attract different mortgages; such as key workers who can apply for better mortgage rates. These are available to staff in education, health and public safety roles, amongst others.

Keyworker mortgages are typically available to staff working for:

  • Ambulance Service
  • Fire Brigade
  • HM Prisons
  • Local authority schools
  • NHS
  • Police services
  • Public Transport

Unfortunately, this type of mortgage is rare, and many of the government-funded schemes no longer exist. However, keyworker mortgages are available through selected lenders. If you work in a public sector role and are on probation, you have a far higher chance of approval with a mortgage aimed explicitly at your sector.

For those outside of the public sector, there are still multiple options - give us a call on 0330 304 3040, and we'll be happy to explain the best alternatives!.

Does the Length of My Probation Period Impact My Remortgage?

Not really, no - although a very long or very short probation period might make a difference.

Some lenders will make an offer, but not release funds until your probation period ends. This can be a problem if you have a lengthy probation period, and want to remortgage or buy a new property quickly.

The UK average probation period is six months, and some lenders will be happy to consider an application at any stage in the process.

Most niche lenders will look at your previous employment history to help them meet the criteria. For example, if you have had similar roles, and a record of reliable and stable income, you are more likely to meet the requirements.

Which Mortgage Lenders Can I Apply to When on Probation?

High street lenders and mortgage providers can sometimes offer to lend to applicants in probation - but the rates are often much higher than you would expect.

Nationwide Probation Period Mortgage

Nationwide will offer a remortgage if you are on probation, but they will not lend to casual staff, ad hoc employees, or those on zero-hours contracts.

Halifax Probation Period Mortgage

Halifax will also consider applications, but the probation period must be the start of a permanent contract.

If the contract has the option for the employer to terminate the employment, Halifax will not consider the application.

Santander Probation Period Mortgage

Santander requires a six-month employment history, but this can be with different employers. If you do not have a steady six-month history, you are unlikely to be able to apply.

This demonstrates the limitations around mainstream mortgage lending and remortgage financing for those on probation, so it is crucial to avoid applying to your usual bank without checking what their criteria are

Why Revolution Brokers?
  • Whole of market brokers

  • Mortgage that suits you

  • On time customer support


How does our broker-matching service work?

Yes, you fall into a keyworker category so have several options.

Yes, as with teachers, you work in the public sector and therefore will be able to secure a remortgage even on your probation period. Indeed you can. The same criteria are available in Ireland as throughout the UK. There are fewer lenders in Scotland and Ireland, and some have postcode limitations, so in either country, it is even more important to consult an experienced broker for advice.

If you want to remortgage with the same lender, you can sometimes do so, but it all depends on their criteria, and how closely you fit the other eligibility requirements. For example, if your income has dropped, they probably won't approve a remortgage.

For tailored help and support finding the most competitive mortgages and remortgages when on probation, contact Revolution Brokers on 0330 304 3040 or send us a message to

Latest Blogs

11 Mar 2022
Guide to Remortgaging to Finance a Home Renovation

Remortgaging your home is a great way to release equity and raise finance for those home improvement jobs you've always wanted to do. Before applying, it's vital to work out how much equity you have in your property and ensure sufficient capacity to borrow the funds required for the renovation you have in mind. In today's article, t..

10 Feb 2022
Do I Qualify for First-Time Buyer Status?

Do I Qualify for First-Time Buyer Status? Working out whether or not you are a first time buyer may seem obvious - but there are plenty of scenarios where your position isn't clear! Examples might include: New buyers who have inherited a property they rent out. Buy-to-let investors that have never purchased a residential hom..

26 Jan 2022
How Does a Remortgage Application Work?

Most homeowners know that remortgaging means switching a mortgage from an existing lender over to a new deal. However, the process isn't always obvious. If you're on a fixed-rate deal, you'll want to get ahead of the end of the term to avoid being shuffled onto a higher standard variable rate where your interest costs will undoubtedly ..

17 Dec 2021
Understanding Lender Risk on First-Time Buyer Mortgages

Finding a great mortgage as a first time buyer can feel like an uphill struggle, with a larger proportion of applicants being turned down than a year ago. Around 20% of first-time mortgage applicants are rejected, usually because of the lender risk associated with their loan. Today, Revolution Brokers explains the highest risk facto..

28 Oct 2021
Pros and Cons of First Time Buyer Buy to Let Mortgages

Investing in a rental property can be an excellent way to get onto the property ladder and earn an income. However, if you haven't owned a residence before, you might find that a mainstream bank will automatically turn you down for a buy to let mortgage. In today's guide, the Revolution Brokers team explains how you can become a ren..

12 Oct 2021
Mortgage Deposit Requirements for First-Time Buyers

Buying a home for the first time is a massive step - but the deposit is often a stumbling block for first-time buyers. It can take years to save a sufficient amount or be impossible, so there are several ways to approach the problem and get your foot onto the property ladder. From April 2021, the UK government launched the new mortg..


Refer, Relax and get £50

If you refer a friend for a mortgage or any
type of finance you’ll both receive £25
each when their new application
successfully completes.

Know More!

We are proud
members of the:

FCA disclaimer

The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature. We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.

Ask the Mortgage Experts

Revolution Brokers understands that mortgages can be complex and confusing!

Ask us any question you might have, and one of our skilled consultants will come back to you as quickly as possible.