We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
First Time Buyers, one permanent, one fixed term contract, is this feasible?
FirstTimeBuyer2
Posts: 2 Newbie
-Deleted to remove personal info-
0
Comments
-
Our situation is very different to yours but I thought it'd give you our input. I am a full time employee earning £22000 per year and my partner was literally days into a 12 month contract (started on 08.12.14, mortgage application started 09.12.14). He had previously been in employment in the same industry for 5 years and moved due to better wage/prospects (a question they asked). His annual salary is £21740. We were applying for a 5% deposit mortgage through L&C Mortgage broker and we have received our mortgage offer. Our offer was accepted at £117000. Fingers crossed you would be successful. From our experience we would definitely recommend L&C. We are first time buyers, no dependents and around £1400 in credit card debt.0
-
Thank you for replying, and congratulations on getting a mortgage!

I'm really glad to hear that, people keep saying we will be really limited on a mortgage with me being on a contract, but there must be something out there for us, so many people are on a contract now.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards