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Joint Person Mortgage - 1 permanent contract and 1 zero hour contract
lbryce777
Posts: 2 Newbie
Hi everyone,
My boyfriend and I are looking to buy a flat later this year. He is on a permanent contract (23k) while I am on a zero hours contract (minimum wage - around 17k) and have just started a new job. We have a deposit of 20k, about 13% as we are looking to buy a place in the region of 140-150k. I know it can be difficult to get a mortgage on a zero hour contract, especially without being in the job long term - do you think this will cause problems even though we have a strong deposit and my partner has a fixed income?
Thanks!
My boyfriend and I are looking to buy a flat later this year. He is on a permanent contract (23k) while I am on a zero hours contract (minimum wage - around 17k) and have just started a new job. We have a deposit of 20k, about 13% as we are looking to buy a place in the region of 140-150k. I know it can be difficult to get a mortgage on a zero hour contract, especially without being in the job long term - do you think this will cause problems even though we have a strong deposit and my partner has a fixed income?
Thanks!
0
Comments
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How long has he been a contractor for?
How long is left on his contact?
Has it ever been extended?
Mortgage started 2020, aiming to clear 31/12/2029.0 -
He has a permanent job and has had it for nearly 2 years. Has what ever been extended?0
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Apologies I misread it and thought it said a fixed term contract.lbryce777 said:He has a permanent job and has had it for nearly 2 years. Has what ever been extended?
Lenders will want your partner as being the first applicant, with you as the second applicant, due to your zero hours.
As long as you use a good independent whole of market mortgage broker, they should be able to place you with the right lender.Mortgage started 2020, aiming to clear 31/12/2029.0
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