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Payslip dilemma...please help
pieceoffluff
Posts: 69 Forumite
Hey everyone!
I need to provide either 1 months pay slip or a contract to my mortgage provider.
I have recently started a new job…so don’t get a payslip until the 28th but received my contract today. Unexpectedly it states that that I am on a 2 year fixed term contact.
Do mortgage providers look down on fixed term contacts as ‘less secure’?
Am I better off waiting until I have the payslip and submitting this (which only states wage not length of contract etc)?
I need to provide either 1 months pay slip or a contract to my mortgage provider.
I have recently started a new job…so don’t get a payslip until the 28th but received my contract today. Unexpectedly it states that that I am on a 2 year fixed term contact.
Do mortgage providers look down on fixed term contacts as ‘less secure’?
Am I better off waiting until I have the payslip and submitting this (which only states wage not length of contract etc)?
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Comments
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They could ask for an employers reference anyway especially if its a new job
who is your mortgage lender? a two year fixed contract is secure enough, I don't imagine you would have a massive problem hereI am a Mortgage Adviser
You 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 -
thanks for the reply
alliance and leister is the mortgage provider?0 -
Chill - just send your payslip in on 28th! House purchase proceeds so slowly that a less than 2 week delay will make no difference - and that way you don't advertise that the job is on a fixed term contract. 2 years is a long term anyway....:DEx board guide. Signature now changed (if you know, you know).0
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