Zero Hour contract job Mortgage :Multiple Jobs with work varies month to month

mailsmsi

Hello all. I am doing zero hour contract job with multiple company. Similar job basically where I get shift I pickup.But the problem is some months I do one company more , other company less.Its not any equal parttern like 2 days here , 3 days there.If one months I do'nt work one company at all but work other company does it affect mortgage application?

One company say B ,I joined may 2020  but got shift from July 2020 now working more than company A
Last tax year income from different company:
A:21500
B:17500
C:1100

I am working 12 years zero hour contract different company similar job.
I know halifax and natwest do zero hour job mortgage.
Any other lender ?
Thanks in advance.

MWT

I'm sure one of the brokers will comment soon, but just to help with more information, has your total income over each of the previous few years been relatively similar (or increasing) regardless of the mix of employers it actually came from?

mailsmsi

Thanks for the reply.
Similar income releted to last year.
Any other reply please. I spoke Natwest and Halifax . They both said they will take the income. Not sure whats the formula is.

mailsmsi

Any other advice please

MWT

The brokers who post here cannot directly give you the names of other lenders as they run the risk of that being considered as 'advice' without all the details of your circumstances.

I would suggest that you may want to approach a broker directly if you want more help and advice based on all of your financial details and history.

In general though what the lenders are looking for is evidence of a sustained and sustainable level of income, preferably likely to increase over time. So even with your mix of employers if you can show that you've been earning at an appropriate level to meet their affordability criteria for several years then you have a chance.

Ultimately though a broker can help you pick the right lender, or you can just proceed with an application on your own and see what happens...