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Agency contract

noisla · 2012-11-05 08:35:48

I have had mortgages agreed in principal in 2010 and 2011 (but each time the flat fell through :-( ). After a year off from flat-hunting, I have now started again, but the banks are now telling me I can't get a mortgage, as my current job is paid through an agency. They say I would need to show evidence of having a…

Comments

Thrugelmir Posts: 89,546 Forumite

27 November 2012 at 3:40PM

noisla wrote: »

They say I would need to show evidence of having a contract renewed. However, my contract is just ongoing, so it will never be renewed.

You are in essence a "temp". An agency one.

What's being asked is the case of a fixed term contractor who will be employed for fixed periods of time, e.g. 3 , 6, 12 months. At the end of each contract term a new end date is agreed.

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