Subbie Tip #5 – How The Right Lender Impacts What You Can Borrow

Some people believe that there’s only ONE mortgage lender willing to use CIS Gross Income to calculate mortgage affordability but, happily, they’re WRONG!  I have access to, and work with, a range of lenders every day, so whatever your personal services, there will be a lender out there that’s just right for you.

Every CIS Subcontractor client I help to get a mortgage comes to me with a different set of circumstances, for example:

  • Varying size of deposit; some with only 5% saved up
  • Less than two years self-employment records
  • Less than two years UK residency, again meaning less than two years relevant self-employment figures
  • Low Credit Scores or a less than perfect credit history, often including late payments, defaults and even County Court Judgements

It’s also the case that (possibly) the most well-known lender for CIS subcontractors will only look at gross income from the last 13 weeks; fine if you’ve been busy but not so good if you’ve had a quieter period or a holiday break!

The good news is that you don’t have to restrict yourself to just one mortgage lender for CIS subcontractors; there are many options available and I can help you find the right one for you.  I work daily with lenders who understand that not all applicants come with the perfect circumstances or credit history and with those who will look at up to 12 months’ Gross Income when deciding how much to lend.

So, if you don’t want to be restricted by your circumstances, get in touch and let me show you all the options available.  Call me today on 08000 306705 or drop me an email to: to discuss your needs and how I can help.