I returned to Ireland 16 months ago and since then have been on contract work (as an employee) first job 3 months contract, 2nd job 6 months contract, currently 6 months through a 9 month contract. I'm looking for a permanent job at the moment and don't think I should have much problem getting one (but no guarantees of course).
A mortgage broker said it sould not be too much problem getting a mortgage, however, until I have a formal permanent job offer I won't drawdonwn a mortgage (need the security of a permanent job for my own peace of mind). Can I just apply for mortgage approval based on potential future earnings???
Will it be a disadvantage that I will be only in my "new job" (assuming I get one) a very short time when mortgage needed?
I will be looking to bottow aprox 60% value of house, balance from savings and inheritance.
A mortgage broker said it sould not be too much problem getting a mortgage, however, until I have a formal permanent job offer I won't drawdonwn a mortgage (need the security of a permanent job for my own peace of mind). Can I just apply for mortgage approval based on potential future earnings???
Will it be a disadvantage that I will be only in my "new job" (assuming I get one) a very short time when mortgage needed?
I will be looking to bottow aprox 60% value of house, balance from savings and inheritance.