Zero hours contract has ruined mortgage chances

[IDrinkAndISewThings]

In need of some advice.
Husband started a new job at the start of May, and to make childcare affordability work I dropped from my three day contract to a zero hour contract with the promise of two flexible days a week (I work his days off so we don't have to pay for childcare)

Now our five year fixed mortgage is up at the end of July and because my zero hour contract is in its infancy I have no proof of regular income therefore our affordability is knackered. I've asked my work to give me a two day contract with flexible days, but other than this I'm out of ideas. We have no free childcare. There's a full time contract available at my work paying £15K after tax, but by the time we've paid out the £11K+ in childcare it'd cost for me to take that job, and bought a car to get me to it, we're in about as bad a position as we are now.
We're fucked aren't we?

Can you just move on to your vendors variable rate until your work situation changes? Or would that make your repayments too high?

Lenders not vendors 🙄

If you stay with the same lender you may not need to go through the affordability checks again? I'm under the impression this is the case with our lender, we should be able to negotiate another fixed rate mortgage without needing to go through the checks again

You’ll almost certainly be able to move onto another fixed product with the same lender without going through affordability checks again.

If your current lender refuses, try an independent broker or a comparison website. There are so many lenders out there, all keen to lend money, there must be someone who can help!

As distasteful as the idea of going out working full time is to you, taking the full time contract appears to be the only sensible answer.

Most people who have chose not to have kids they can't afford generally have to work full time to make ends meet, it's just something you get used to doing.

Sorry OP, but why are the childcare costs only coming from your salary?

We fixed our mortgage again against a new valuation with no need for affordability checks (Natwest)

@brownbags sorry, I calculated the childcare against my wages to see if it was worth me working more hours. I've not factored my husbands wages into that as he pays for all the other bills (mortgage, credit card, bills etc).
We have a fully joint income household, all of our money goes into one account that the bills come out of, and that I take £400 a month into another account for groceries/housekeeping for the four of us.

It's our independent financial advisor that brought this problem to our attention last night (at 9pm, cheers mate!) as he's tried all over to get someone to take us. He never mentioned staying with our current lender, I don't know if he's assuming we'd have thought of that, or if it's not an option, I'll check with him today after I've spoken to my work about a contract.
Working full time would give me a salary of around £17K, but by the time you factor in about £250 a month for a car to get me there and £1000+ a month for childcare (and that's not including during the school holidays) I don't see how it improves our affordability at all, because yes my wage is guaranteed and goes up, but it all goes right out on bills!

Just do a rate switch with your existing lender. Simples.
Unless of course you need extra lending in which case you will need to go through full underwriting.

We had hoped to get a little extra lending to absorb the credit cards and overdraft so all the debt was in one place, but if we could move onto a short fixed rate plan, say a two year, we could probably manage ok.

We had hoped to get a little extra lending to absorb the credit cards and overdraft so all the debt was in one place

This is not a good idea.

Yes you get a lower interest rate than on the unsecured rate, but over a MUCH longer term so you end up paying a shit load more.

Agree with what @TheLoverOfTea has said.

Just do a product transfer with your current lender.

Well my absolutely fabulous manager has come up trumps - she's going to give me a 13.5 hour a week contract with flexible days, the star that she is. She's properly saved the day on this one. Thank you all for your advice

Please read BlueSkies post. Consolidating debt in this way is not a good idea at all.

Still check what your current lender can offer. It will save you IFA fees too.

@NoBaggyPants @BlueSkiesLies it's ok, my plan is to see what rates we can get with our IFA (the rate to stay with our current lender is pants). If he can get us a good rate we won't need to consolidate the debt into the mortgage, we'll be saving enough each month to pay it off normally. But if we can't we are prepared to consolidate the debt in this way as 1) our short term financial situation would benefit significantly and 2) our circumstances are due to change within the next year which would allow us to make overpayments on the mortgage