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Can you get a mortgage on a temporary contract?
otterspasm
Posts: 338 Forumite
My husband is the sole wage-earner in our house at the mo as I am at home with 2 children and he has just started a new job as a civil servant. He has been there a month and is on a one-year contract for now. We own our current home with no mortgage but would like to move in the next year or so and have a mortgage again (bigger house).
What are the chances of getting a mortgage (about 3 times his salary)? Nil?
Any information would be gratefully received.
Thanks all.
x
What are the chances of getting a mortgage (about 3 times his salary)? Nil?
Any information would be gratefully received.
Thanks all.
x
Tess x
Underground, overground, wombling free...
Old Style weight loss so far...2 stone and 7 pounds
Underground, overground, wombling free...
Old Style weight loss so far...2 stone and 7 pounds
0
Comments
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Some lenders may look at this
But it will depend on the whole scenario, not just the contract part
Best bet is to chat with a whole of market adviserI am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Very unlikelypoppy100
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