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Contract work - how is it viewed by lenders?
Charlton_Taz
Posts: 222 Forumite
I have always worked in permanent roles so its been fairly straightforward applying for mortgages in the past. However, I have just been offered a really good looking job that is a 12 month contract (potentially to turn permanent). How would a mortgage lender view my earnings if I go into this job and the fact that its only a 12 month contract? Do they take fact like continous employment in the past in to account (i.e. hopefully prove I'm fairly employable!)...or is it just tough? Thanks!
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