Thinking of renting (bad investment) or buying (good investment, with rent/share accommodation) a home. However, I will be changing jobs from Company A (less secure job, I handed in my 4 weeks notice already) to Company B (more secure job) in a months time.
Lender is asking for current payslips and bank statements (usual process) for loan application, which I have provided. However, I have not mentioned that I'll be changing jobs in a month.
It feels unethical, but is it really wrong?
Company B is more secure and more pay, but I'd be in the 6 months probation.
The area where I am buying is a good investment. Even if I fail to get renters/boarders (unlikely though), and even if I loose the Company B job (unlikely) I can 99% be sure to get back into Company A.
Tough question - should I tell the lender about Company B and jeopardise my loan chances?