Home Movers

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

Are you a contractor and looking to move home?

If you are looking to move and need to sell your current home, you at least have some idea of what is involved in the process to come!

CISMortgage.co.uk has helped thousands of contractors to successfully take their next step on the property ladder, and our expert mortgage advisors will be on hand to guide you through the whole process.

Here’s a few hints to set you up for success.

Financial Support

You might be eligible for the Government’s Help to Buy scheme which also runs in Scotland – if you only own one home and if this will be sold to part-finance your next purchase.

This boosts what you can afford if you’re going to buy a new-build property, as the Government lends you up to 20% (40% in London) of the cost of the new-build; so you need a 5% cash deposit and a mortgage to cover the outstanding 75% of the purchase price.

There are conditions around the loan, but it can be very beneficial.

Types of mortgage

When you consider what type of mortgage you want this time around, think ahead. A variable rate can appear cheaper than a fixed-rate mortgage today, but interest rates can increase, and even a small rise can impact your monthly budget.

Credit rating

Check your current credit report and make yourself attractive to lenders by showing that you have kept up-to-date with past payments on your mortgage and all your credit or store cards and other borrowings.

If you do have any bad credit, don’t worry, but tell our mortgage advisor immediately, no matter how minor you think it is. You should also obtain a copy of your credit report and be ready to present it to your mortgage advisor.

Hidden costs

Budget for those ‘hidden’ costs you forgot about first-time around: such as building insurance and survey fees. (In Scotland, remember that this time, as the seller, it is you who will need to prepare a Homebuyer’s survey for the house you’re selling.)

And removal costs: this time round you have a whole house to pack up and relocate!

As you’re likely to be buying a larger home, remember Stamp Duty too. (Applicable above £300,000 in England and Wales, and known as Land and Buildings Transaction Tax in Scotland, or Land Transaction Tax in Wales.)

We’ll keep you straight!

And of course, don’t forget to factor in a new sofa for the larger living room.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

We Say Yes To CIS

Less than 1 year self-employed

5% Deposit

Less than 3 years in the UK

High day-rate with low net profit

Becca larkin
Becca larkin
11:19 18 Oct 19
If you are thinking about using CIS mortgage, 100% do it! I can't explain how happy my partner and I are with the service. After seeing a previous mortgage adviser who told us we couldn't get a mortgage, David, within days got us a mortgage. So pleased with the outcome and it was so refreshing to speak to someone who completely understands CIS through and through. Amazing!!!read more
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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