Mortagage application and temp contracts

mhurley

Scenario:
Wish to buy £190k house
Have £84k to put down
My income is £21.5k permanent job
My girlfriend's is £11k BUT her work as a Teaching Asst is temp contracts

Will the fact that she doesn't have a permanent job affect the application?

Thanks
Matt

daveb975

Unfortunately, I think it will be the income itself rather than the permanent job that will affect it.

You have a 50%+ deposit, which is great, but I can't see many mortgage lenders being prepared to lend more than 2.5x joint income, which would only give you £81k.

feisty1

daveb975 wrote: »

Unfortunately, I think it will be the income itself rather than the permanent job that will affect it.

You have a 50%+ deposit, which is great, but I can't see many mortgage lenders being prepared to lend more than 2.5x joint income, which would only give you £81k.

WHAT!
?????????? 2.5x joint income!! where did this info come from!! mhurley pls ignore this & see an independent advisor they will know who to approach who will consider yr gf's employment status!

unite79

daveb975 wrote: »

Unfortunately, I think it will be the income itself rather than the permanent job that will affect it.

You have a 50%+ deposit, which is great, but I can't see many mortgage lenders being prepared to lend more than 2.5x joint income, which would only give you £81k.

Why post if you have no idea what you are talking about!

herbiesjp

Assuming no other debts and a good credit history, you should be able to get a mortgage agreed, and at the best rates as well.