Mortgages Made Simple for Locum & Agency Nurses
Flexible mortgage solutions designed for nurses with variable or agency-based income. Whether you work through an umbrella company, agency, or as a self-employed locum, we’ll help you secure the right mortgage that recognises your true earning potential.
Say Goodbye to Mortgage Hassles – We Handle It All
Knowing how much you can borrow is a crucial step toward homeownership. Our mortgage calculator is tailored for locum and agency nurses, taking into account your unique pay structures—whether you’re paid hourly, weekly, or per shift. We understand that your income can fluctuate, and traditional lenders often fail to recognise your full earnings.
To get started, you’ll typically need:
- Your latest signed work assignment or agency contract
- Last 3 months of payslips or remittance statements
- Bank statements showing regular income deposits
Our calculator is fast, accurate, and designed for nurses who work flexibly. Once you get your estimate, our specialist advisers can help you discover exclusive lender options designed for healthcare professionals. Start your mortgage journey today with confidence and clarity.
We work with more than 120 mortgage lenders, including:
Why Choose CMS for Your Mortgage as a Locum or Agency Nurse?
At Contractor Mortgage Solutions, we specialise in helping healthcare professionals—especially nurses working locum or agency shifts—secure mortgages that reflect their real income.
Smart Insurance for Locum & Agency Nurses—Stay Protected, Stay Confident
At Contractor Mortgage Solutions, we help nurses protect their income and financial future with tailored insurance solutions designed for flexible workers.
Income Protection Insurance
Your income as a locum or agency nurse can fluctuate, but your financial responsibilities don’t. Our income protection policies ensure that if illness or injury stops you from working, your essential expenses remain covered.
Relevant Life Cover for Nurses
Protect your loved ones with life cover designed for healthcare professionals. Whether you’re self-employed or paid through an agency, we’ll help you secure an affordable policy that offers peace of mind.
Critical Illness Insurance
Unexpected health challenges can happen to anyone. Our critical illness cover provides a lump sum payment to support you during recovery or to cover ongoing financial obligations.
Mortgages for Locum & Agency Nurses
Your income structure shouldn’t limit your mortgage opportunities. Here’s how lenders assess nurses working through locum or agency contracts:
Agency Nurses
Lenders typically review your hourly rate and the number of hours worked weekly. Consistent income over 3 to 6 months is key to proving affordability.
Locum Nurses
Income is often assessed based on your current hourly rate, multiplied by your average weekly shifts, then annualised to calculate borrowing capacity.
Umbrella or PAYE Nurses
Most lenders accept payslips as proof of income. We’ll ensure your documents reflect your full earnings, including shift bonuses or night differentials.
Why Nurses Are Favoured by Lenders
Nurses are seen as stable and in-demand professionals with consistent work opportunities. This strong employment security often allows for flexible mortgage terms and favourable rates.
Borrowing Potential
Most nurses can borrow around 4.5 times their verified income, with some specialist lenders offering up to 5 times—especially with a solid work history and deposit.
Why Choose CMS
We’ve helped countless nurses buy their first homes, refinance existing properties, and even invest in buy-to-let opportunities. With our expertise and lender network, we make mortgage approval achievable—even with complex income structures.
Unlock Your Homeownership and Investment Potential
Whether you’re buying your first home, remortgaging, or expanding your property portfolio, we have the right solutions for locum and agency nurses.
Buying Your First Home?
We understand the challenges of securing a mortgage as a locum or agency nurse. That’s why we partner with lenders who recognise your true earning potential, helping you step onto the property ladder faster.
Looking to Remortgage?
You could save hundreds by remortgaging. Our specialists assess your income pattern and connect you to lenders who offer competitive rates for healthcare professionals.
Interested in Property Investment?
Many nurses are now using their strong income to invest in property. We’ll help you explore buy-to-let mortgage options tailored to your role and earnings.
FAQ’s
Can I get a mortgage as a nurse working through multiple agencies?
Yes, absolutely. Lenders familiar with healthcare income understand that many nurses work with more than one agency. We’ll present your combined earnings clearly to demonstrate consistency and affordability.
Our Partners: https://mortgage-tek.co.uk/
What proof of income do I need as a locum nurse?
You’ll typically need your current assignment letter, recent remittance slips or invoices, and 3 months of bank statements showing regular income.
How long do I need to have worked as a locum before applying?
Most lenders prefer at least 3 to 6 months of continuous locum work. However, if you’ve recently transitioned from a permanent NHS role, some lenders may accept your new status immediately.
Do lenders consider overtime or night shift pay?
Yes, many lenders take regular overtime and shift pay into account—especially if it appears consistently across your payslips and bank statements.
What if I work under an umbrella company?
That’s fine. Umbrella workers are often treated like PAYE employees. Lenders will assess your payslips, and we’ll ensure your gross pay and deductions are presented correctly.
Can I get a buy-to-let mortgage as a nurse?
Yes. Many lenders offer buy-to-let options for healthcare professionals. With your stable income, you may qualify for competitive rates even if you’re new to property investment.
What deposit do I need as a locum or agency nurse?
You’ll typically need at least 5–10% for residential mortgages. For buy-to-let properties, a 20–25% deposit is standard.