Mortgage and pregnancy worries

[Daisy63]

I know this may seem trivial but I am very stressed and need to talk to someone with mortgage advisor knowledge on a confidential basis. I am 9 weeks pregnant, I have a mortgage offer for myself only (long story) and it will need to remain just me only. I earn well, but I am so worried about telling the bank, my house has sold and I’m trying to find another house with little luck... I’m scared if I tell them bank they will revoke my mortgage. I have savings to cover a mortgage and bills for a year. If anyone has mortgage advisor knowledge please private message me to put my mind at rest - thank you xxx

[KiboXX]

Hi Daisy,

You have no legal obligation to tell them you’re pregnant if you don’t want to x

[Laurawhiteford1]

We’ve just been accepted for a mortgage to and as we have no dependents it goes as 0 on the form. Financial advisor knows we r expecting but there is no where for that info to go so it’s not required x

[Daisy63]

Thank you, I’m trying my best to stay calm just want to find some where quick so I can make a nursery x

[Lynnr54]

I remortgaged whilst I was on mat leave. Because I was on mat leave my income was lower than usual. I explained to them that this was the reason my payslips didn’t stack up with the figures I was giving them for my usual pay. Like you, I had savings to cover the mortgage and other bills whilst I was on mat leave and they wanted to see evidence which was fine. They did let me put my full wage on my application but said I had to include the cost of Nursery fees in my outgoings, even though I wasn’t paying them at the time. I felt that was reasonable. Hopefully they do the same for you.

[Daisy63 in reply to Lynnr54]

Oh I see, yes that makes sense, I guess they have to be reasonable as women have children all the time. I’m lucky as my parents are paying for nursery but il include the fees if they want. Thank you for helping xx

[Bluelady-sing]

No you don't have to tell them it is your financial status that counts.

Presumably you have a years worth if cover to cover maternity etc...

The work you do are you going back after the baby

CONGRATS!!!

[haileyp85]

Hi I needed to remortgage while I was pregnant, I didn’t tell the bank I just carried on and remortgaged x

[bismarc123]

When I was pregnant, I also was wandering what should I do, so we went to a [URL="Londonmoneyman.com"]Mortgage Advisor London[/URL] to ask for professional help. Well, he told us that there is no need to announce them about the ”new status”. However, as I was feeling bad almost every day, I was switched to a part-time home office, so less work-lower wage. This is why we went for remortgage. But actually this is great cause in all these years we managed to build up credit score and we could refinance it at a lower rate. So my advice is to contact a specialist, cause each case is different.