CIS Mortgage Advice For Subcontractors

We specialise in Mortgage Advice for Subcontractors paid via the Construction Industry Scheme (CIS)

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CIS Scheme

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Home Movers

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Self Employed Mortgages

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Buy To Let

About CIS Mortgage Advice

If you’re reading this as a Construction Industry Scheme (CIS) contractor, then you or your partner are probably struggling to find a mortgage right now. We can help.

Contact us today and one of our mortgage advisers can give you an initial Fee Free, no obligation telephone assessment. During this initial call we will calculate how you may borrow based on your CIS day-rate before tax, instead of using an average of your last two year’s self employed income which most banks will ask for. Subject to providing us with evidence of your income and identification we can even obtain an instant provisional lending agreement

If you’ve only been a subcontractor, or self-employed, for less than a year, then our mortgage advisers can even help you get a mortgage without having to complete 2 or 3 years of accounts.

Give us just five minutes of your time, and we can advise you how much you may be able to borrow on a mortgage.

Instant mortgage decisions for all CIS Subcontractors

Subject to a Fee-Free no-obligation assessment

If you complete a self-assessed tax return for HMRC, and pay 20% tax at source through a construction firm, then you are part of the CIS Scheme.

Most CIS contractors do find it difficult to borrow sufficiently on a mortgage, because most banks make their lending decision based on your profit after expenses.

In addition, most banks require more than two years’ evidence of income to make a lending decision, giving a double-whammy to CIS contractors.

We say ‘YES!’ to CIS

Although we can’t guarantee you’ll get a mortgage, we are proud that we have helped 100’s of CIS contractors buy their dream home since 2010.

For our clients, the following circumstances are normal:

✅ Less than 1 year self-employed
✅ 5% deposit
✅ Less than 3 years in the UK
✅ High day-rate but low net profit

As long as you are on the CIS Scheme, and have 3 months’ worth of continuous payments and a good credit record, then we can help you get a mortgage offer based on your average day-rate.

Don’t worry if you’ve even had a few minor credit blips in the past; or have yet to complete your first self-assessed tax return: we can still help!

Seriously Competitive rates from High Street banks

Our friendly mortgage advisors are all experts in the CIS Scheme. They understand that you are neither employed, nor self-employed – but somewhere in between.

We use your average day-rate to calculate exactly how much you can borrow, and only place your CIS mortgage with a High Street bank.

In most circumstances, you can borrow up to 5 times your gross annual salary, and access the same fantastic mortgage rates available to someone who is directly employed.

Ruaridh black
Ruaridh black
13:56 24 Aug 19
Went directly to a bank for a mortgage with my cis statements and they didn't even consider giving us the mortgage. Me and my wife were gutted as it was our dream home and one we could start a family in together. Thanks to David here we managed to get a mortgage and got the house we wanted! We are now expecting our our first child and in our dream home! Wouldn't have been possible to get the house/mortgage without them so very appreciative. Fast and professional and would recommend them to anyone who works under the CIS payment scheme and are self employed.read more
P. Jiten
P. Jiten
09:56 17 Aug 19
For CIS self employed people this is the best company in UK. Got mortgage in principle certificate after submitting required documents and mortgage approved in 10 days after submitting file. Hassle free process throughout and any question or query promptly answered. David and Lisa are amazing people to work with.read more
Michelle Perrin
Michelle Perrin
09:28 17 Aug 19
My husband and myself have been dealing with David since our first property purchase in 2012. David has a vast amount of knowledge, has always put us at ease and answered our questions throughout the process. David is great to deal with, always goes above and beyond and we have already recommended him to several of our friends and family, one of which is nearing completion of their first home. Always fantastic service, highly recommend CIS Mortgage Adviceread more
Veronica Grosu
Veronica Grosu
09:36 12 Aug 19
Fantastic service from start to finish. David made it simple and effective for us. We are very happy with the outcome. I would definitely recommend!read more
Rob
Rob
09:23 18 Jul 19
David has been faultless from the beginning and helped me and my girlfriend out loads and without him we would not be moved into the house we are in now. He understands the difficulties of being a CIS worker with mortgages and gives you the best advice he can and is very quick on the ball at getting stuff sorted. My case I appointed him for was more complex than most I would say due to being self employed and having a limited company but he had no trouble with achieving me a great mortgage deal and borrowing amount with the information I gave him. It has been a pleasure to deal with david through buying this property and I shall definitely be using him on any future purchases or remortgages. Nothing was ever to difficult for him and he was always just at the end of the phone when you needed him even after his working hours he went above and beyond by helping me with help to buy also.read more
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