Don't have the 28 days of funds yet, and I have a job offer waiting. Any options?
I have a job offer lined up and I'm worried the employer will pull it if I tell them I need to wait at least a month before I can even submit my HPI application.
The problem is the maintenance requirement. I don't have £1,270 sitting in my own account, and I definitely don't have 28 consecutive days of statements showing it.
My parents have the money and are happy to help. The idea I've been looking at is having them add me to a joint account so I can show their balance instead of building up 28 days from scratch. My understanding is that Appendix Finance does allow joint accounts as long as I'm a named account holder.
What I can't figure out is whether the 28 days counts from when the account has held the money, or only from the date I was actually added as a holder. If it's the latter, the joint account doesn't save me any time and I'm waiting the month regardless.
So:
- Has anyone used a parent joint account for HPI? Did the 28 days get counted from the account's history or from when you joined?
- Is there anything else that legitimately shortens this, or is a month just the floor?
- For anyone who's been in this spot with an employer waiting, how did you handle telling them about the timeline?
Thanks in advance.