Mortgage Advice on a fixed contract

pusb

Hello,


I have been working at my current job since December. I started as a temp through an agency, then in February I was taken on directly by the company on a 6 month fixed term contract.


My contract has now been renewed until an unspecified point in time (it says in the contract until the new computer system is in place). I have been told informally however that the company anticipate this to be around 15 months, but it might be longer.


Once this computer system is in place they will then assess whether my roles is a part time or full time. Again I have been told informally that even if it becomes part time they will fine something else for me to do to make my job up to full time hours.


I am looking at trying to buy my own place, so I need to know what my chances are at getting a mortgage whilst on a fixed contract that doesn't specify a specific amount of time?

Southend1

Sounds to me like you're not actually on a fixed term contract any more? If there is no fixed term?

Are you a union member? If so, ask your rep to get your contract checked out to see where you stand.