Making Cents: The step-by-step guide to securing a mortgage

I was recently contacted by a reader who wanted advice on how a possible move to contract work would affect their chances of buying their first home The reader is considering a move to a ‘full-time maternity leave contract’ due to restrictions in the hours at their current role.

The reader works for and will continue to work for a Government body, where they are on a salary scale as a senior professional. They have a strong track record of consistent work and steady savings but wondered would a move mean they could not get a mortgage. For an answer and some advice, I turned to Joey Sheahan, who is Head of Credit with MyMortgages.ie.