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How is an existing Mortgage affected by changes in Work? Full time to Contracting
JamesFuller
Posts: 85 Forumite
Hello,
Do you have to do anything if you change your employment from full-time, permanent employment to contracting?
I was just wondering how a mortgage is affected by going from full time work to contracting.
I will still be able to pay my mortgage but wondering if I have to do anything when making this type of change.
Do you have to do anything if you change your employment from full-time, permanent employment to contracting?
I was just wondering how a mortgage is affected by going from full time work to contracting.
I will still be able to pay my mortgage but wondering if I have to do anything when making this type of change.
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Comments
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No, no notification needed.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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There is no requirement to inform an existing mortgage provider of a change in circumstances.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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 -
Thank you both!0
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