Getting a Mortgage as an Agency or Temporary Worker
If you are an agency or temporary worker, then you may think that it is difficult to get a mortgage. After all, a lot of mortgage providers want to see at least 12 months of payslips to ensure that your work is stable and that you have a good income. If you are an NHS worker, on a zero-hours contract and working through an agency then you may find yourself in a bit of a bind. Banks such as Nationwide are accepting clients who are working on temporary contracts through an agency, but the agency will have to complete an employee reference. This confirms that you, the applicant have been employed this way for a minimum period of 12 months.
If you are in casual employment, or if you have your income paid through the temp agency then according to banks such as Natwest, you will need to be on a contract of no less than 3 months. You will also have to show income over the last 12 months. Piece workers must have their income shown in the form of a P60.
So as you can see, getting a mortgage if you have been working for 12 months or more isn’t difficult. That being said, if you do not have this kind of proof or working history then you should not give up hope. If you chat with us, we can talk you through your options, because some lenders may consider your application. This is only done on a case-by-case basis, however, so it may be difficult to find out your chances of approval online.
Lenders’ criteria can vary, and it changes all the time as well, but even so, the best thing that you can do is contact us with your requirements.
Source: Natwest & Nationwide