Can Agency Workers Get a Mortgage?
The answer to the question Can Agency Workers Get a Mortgage? is actually Yes. you can get a mortgage but you need to fulfill all the requirements of the lenders.
Lender Requirements
For agency work or agency contracts, a lot of lenders will want you to have one to two years continuous employment in that job role or similar job roles. To prove that you have been doing it that long, they may ask for P60s or 12 months worth of payslips.
Breaks Between Contracts
If you’ve done different jobs in the agency and different contracts, some lenders won’t really accept more than a six-week break between each contract. However, as long as you can provide 12 months to two years of employment in that type of work, lenders are willing to accept that.
Importance of Consulting a Broker
Always check with your broker and see how long you’ve been doing it. They’ll be able to advise you which lender to go with because they all have different but similar criteria towards agency work or any other contract works.