This is a question I get asked a lot: Can I still get a mortgage if I’m pregnant or currently on maternity leave? The good news is yes, you absolutely can. But there are a few important things to know before applying.
Many of my clients worry that being on maternity leave or expecting a baby will affect their chances of getting a mortgage. And while it’s true that lenders need to assess your affordability carefully, being on leave or pregnant doesn’t automatically count against you.
When lenders assess your application, they look at your income and expenses. If you’re on statutory maternity pay or receiving a reduced salary, they will consider this in their affordability checks. That said, if you’re planning to return to work within a set timeframe and can provide evidence of your return-to-work date and salary, many lenders will take that into account instead of just your current income.
Each lender has its own approach. Some will request a letter from your employer confirming your return date and your expected salary. Others may ask for recent payslips or bank statements showing your income. It is also quite common for lenders to ask about childcare costs, so it is important to factor those into your budget as they can impact affordability too.
One thing I always encourage my clients to do is to be open and upfront. It is completely normal to start or grow your family around the time of buying a home. Being honest with your broker and your lender helps ensure you’re matched with the right lender from the beginning, which can save a lot of time and stress later on.
I also work closely with my clients to make sure we approach the right lender based on your individual circumstances. Every family is different and so is every lender’s criteria. My job is to make sure we find the right fit for you.
If you are currently pregnant, planning a family, or on maternity leave and thinking about buying a home or remortgaging, I’ve recorded a short video that explains this in more detail:
And if you want to talk it through or check what might be possible for you, please do get in touch. I am here to support you with honest, clear advice tailored to your life as it is right now. Family life and homeownership can go hand in hand with the right support.
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