Getting a mortgage - one long term temporary role and one permanent

Sponge_Cake

Hello,

We need some advice, we have a £20,000 deposit and are looking to buy a fairly cheap house in the area we live (West Yorkshire). The house prices we are looking at are around £100,000-£115,000.

We've done a mortgage in principle on the Halifax website and were offered £92,000 based on the info we'd given. Which would obviously work out ideally.
I put on the form that I am on a temporary contract, but that didn't seem to affect it.

I work in a school supporting children with SEN and behavioural issues. The children I support have a statement so most of my wages come from that. Therefore once they reach year 6 (it's a primary school) I will no longer be employed there. Unless they find me another role (which often happens). There are a lot of these one to one jobs around at the moment and they all have the same bottom line: if the pupil leaves, your contract is terminated. But there is usually a lot of notice and discussion if that were to occur. The pupils are currently in year two, so if they complete all school years, I'll be employed another four years. My partner is also in a school, supporting in classrooms in a senior school and covering lessons when the teacher is on planning time or off sick. His contract is permanent.

I know we've done a mortgage in principle and we have an appointment at Halifax next weekend to discuss things. But I just wanted to hear people's opinions and experiences on this.

Thanks.

YHM

Hi Sponge_cake.

I would expect Halifax to be fine with this. They are usually pretty good with contracts of this sort, especially if it is likely to last for a further 4 years.