With so many businesses restructuring, the idea of a job for life doesn’t really exist anymore and an employed person arguably doesn’t have any greater prospect of long term income than other means of earning a living. As a result the mortgage lender looks at the whole picture by assessing the type of work and trade of the applicant when judging how permanent someone’s income is.
For contractors you would need to have worked as a contractor for 12 months or have at least 24 months remaining.
If you work through an employment agency this income could potentially be used. Examples of this include Nurses, retained Fire Fighters, Supply Teachers and Armed Forces reserves.
Using my knowledge of mortgages I will help you find the right mortgage for you from over 50 of the UK’s best-known lenders. You will be impressed with my friendly and efficient service and I’ll take the pressure off you and push the mortgage through to completion.
Call Julia today on 07862 708429 for a no-obligation chat about your first time mortgage and get set on the right path to home ownership.
A mortgage is a loan secured against your home.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.