I'm 34, on £26k and about to move from a permanent job to a 12-month contract – how will this affect my mortgage, pension and ability to get maternity pay?

Let’s talk about money…

Before we get into your questions, I’m going to preface everything with ‘check your contract’ – this is vital to understanding where you stand with your new employer #KnowYourRights. With that said, let’s look at the mortgage question first. In the eyes of a lender, you’re what they’d call a type of ‘contractor’, which is similarly to a form of self-employment.

This is unlawful if the reason for the non-renewal is related to pregnancy, childbirth or maternity leave but there is no obligation to keep you on so long as they have a ‘fair reason’. The reality is, unlawful doesn’t mean it won’t happen *eyeroll*. Being on a fixed term contract does leave you with less certainty so it’s even more important that you know your rights and have a clear plan . I’d also suggest getting some advice from ACAS.You should make the most of your new employer’s pension.

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