Question for those relief teachers

Hi,

I have a question about getting a mortgage as a relief teacher or tutor. Basically when we arrive, we will be renting to start with but don't want to be stuck renting forever so after a few years we would like to look into purchasing our own home. my OH will be working as a mechanic full time and I hope to get tutoring work initially but once the kids are of school age I would like to go back to primary teaching. From what I can tell, a permanent teaching job will be pretty much impossible to get, so my job will be relief work, and therefore my salary wouldn't be guaranteed. Does this mean that I wouldn't be considered to be an applicant for a mortgage? If so I doubt we'd be able to get a mortgage ( unless I rethink my career!) as hubby's salary of 50-60 k prob won't be enough??! Deposit would be about 50k.

thanks to anyone who can advise on mortgages for people who don't have permanent contracts or guaranteed salaries

Hi Reena

There are lenders that will consider casual work for servicing a mortgage. Of these lenders there will be different policies around how long you would need to have been in the role ranging from around 3 months - 12 months.

Hope this answers your question?

Regards

Andy

Thanks for your reply Andy, good to hear that there might be a way to be considered on the mortgage application, hopefully the relief work will be regular enough to make a decent contribution!

Hi, we have obtained a mortgage with me just working casually and my husband in full-time permanent work. So long as they think you are likely to have ongoing work, by showing a fairly consistent work history that is fine, they will take your income into account.

Thank howde, good to know that it's happened for you, hopefully we won't have to rent forever then!