Mortgage application, FTC and perm job

strawberry83

All,
Apologies for the new post but I've not seen it covered anywhere.

I have a permanent job with a school, I also start a new job with the school in September. The new job is a FTC for one year (expected to be a rolling contract).

#edit.. To clarify I will be working in both roles, the FTC and the permanent contract for the foreseeable.

Mortgage advisor says that the FTC job cannot be counted as salary towards a mortgage as I've not been in post for a year. Technically true as of course its a new contract but I have been with the company with the permanent job for over 3 years.

The problem seems to have been referred around a little, I just want to double check to see if anyone else has experience with this and if its something I need to make a stand about ( the extra salary would help lower the deposit I need to make and generally make things a lot easier for me).

Happy to clarify if none of that makes sense, Thanks in advance.

Thrugelmir

strawberry83 wrote: »

Technically true as of course its a new contract but I have been with the company with the permanent job for over 3 years.

You are switching contract terms and in the process losing the permanency. So there's no guarantee that in a years time you will have a job.

strawberry83

Thrugelmir wrote: »

You are switching contract terms and in the process losing the permanency. So there's no guarantee that in a years time you will have a job.

I knew I hadn't explained it well!. I'll have both jobs at the same time, one pay slip from one company, but two different pay rates, and different contracts to reflect the different jobs ( teaching and IT management). So I could lose the teaching (FTC) job in a year but I would still have the IT management job.

Thanks