Absolutely desperate: anyone here ever lied on their mortgage application?

[bibby2001]

I have basically been told that neither of my jobs will be conisdered as income because one is zero hours and the other is fixed term.

I make probably around 26,500 a year, so plenty for a mortgage.

The zero hours contract alone makes up 16,000 of that, so what's the harm in sending the bank an altered contract to say that I am employed permanently and part-time? I am consistently working these hours and there is no risk of them disappearing.

I have started the process of pleading with my employer to change my zero hours to a proper contract but I'm unsure of how fruitful this will be.

I didn't edit this in, it was in the original post. I was talking about mortgage lending laws and excluding people (like me) who work in essential professions

@bibby2001

I didn't edit this in, it was in the original post. I was talking about mortgage lending laws and excluding people (like me) who work in essential professions

Your profession doesn’t matter, your ability to pay back to money they’ve lent you does. They can’t make exceptions for certain professions, it’s not reasonable. A nurse is no less likely to default on a mortgage they can’t afford than anyone else is.

I've just used a broker that got me a mortgage when I have
Min wage job
Commission based earning
A credit history from hell
Defaults
And consolidating debt

I can recommend asking them!

I can imagine that you wouldn't need a conviction to nose dive your credit rating in case of potential fraud like this

Correct. There'll be a CIFAS entered which shows on your credit report. Big red flag.

@bibby2001 your problem is not your occupation. It is the way you are contracted, and you need to speak with a specialist broker who can use the whole of market.

I made the stupid mistake of inflating earnings on a mortgage I had a few years ago, but no longer have the mortgage. Could I still be prosecuted for something I did in the past?

I'm sure some mortgage companies don't ask for contracts of employment, only wage slips/bank statements to prove income.
And if you have a current account with them, they will often not even ask for those - I'm sure this was the case with Nationwide a few years ago for our first mortgage - I had to provide loads of evidence but my partner, because they had a current account with them for a while, did not.

If your application is found to be based on fraudulent submissions, your name will also go on a CIFAS type database, which will alert companies during any other lending applications you make. Just not worth the risk.

Not suggesting you lie but few people I know got mortgages (and remortgages after) on fake payslips and no one ever found out.

Now thinking as for me, I provided payslips and they needed to know my title, employer and how long I've worked there, but no one ever asked for my employment contract (that was Barclays).

Get a better broker. Someone whole of market, preferably who specialises in slightly less straightforward cases. I can recommend a few if you DM me (not a broker myself, so not referring work, just know a lot of them).

There are a fair few lenders this won't be a problem for - really, you want a lender who isn't computer says yes/no, but where an actual person looks at your application and goes, "oh okay it's been the same every month steadily, you've saved a lot so you're probably good with money" and sees it as a whole rather than tickboxes - high street banks are tick boxy, smaller lenders and building societies usually take a more holistic view.

I've seen people with active debt management plans and multiple recent defaults get a mortgage - it's amazing what a good broker can do. You don't need to lie (unless you've only been in your job a couple of months or something, in which case you'd have no chance) you just need the right person helping you.

We've just applied for a mortgage. We both had to supply payslips for the last 3 months as well as a Salary cert which had to be completed, signed and stamped by our employers. It includes salary as well as the type of contract.

They were very strict about the company stamp - my DP's employer forgot it and they wouldn't accept it.

Lenders are pretty good at spotting faked documents, and then you get a CIFAS marker, which makes it so much harder.

If you’re a teacher, have you tried talking to the Teachers Building Society, it might be worth a conversation

www.teachersbs.co.uk/who-we-help/contract-teacher