30/04/2026
1. Quitting your full time job to start your own business because you “earn more”. As soon as you become self employed the bank requirements change with most lenders requiring the business to be running for 18/24 months. While in theory earning more sounds like it would make your application stronger, it actually can mean that you can’t do anything until your business meets the criteria. 🙃
2. Changing jobs from a full time into a casual role - even if it is full time hours! The bank will need 6 months worth of evidence of you being paid before they can use casual income. Yes, even if your pay is the same every week. Something so little that I have seen many people get caught out on! 🫠
3. Putting your savings in your parent’s bank account. While I fully get the concept of “out of sight, out of mind!” The bank wants to see that YOU have good savings habits and self control.
If you have a goal to purchase your first home in 2026 DM us and we can schedule a complimentary 10 minute chat to make a plan 🚀