CIS Mortgages

As a CIS worker, you can often find that banks will lend you very little, particularly when they apply their self-employed criteria to you and you’ve been deducted various costs that you’ve incurred throughout the year. We can help you to borrow the maximum amount possible by using your gross slips, as there are many banks that adopt this position, and even if you have a less than perfect credit history were able to access some fantastic deals using this higher status of income. For example, banks particularly lend 4.5x your salary using your CIS slips you might be earning £40,000 X 4.5 = £180,000, however if we deduct several of the expenses and look at the final tax return those earnings might sit at around £25,000 X 4.5 = £112,500. That’s a difference in possible lending of £67,000. By accessing banks that look at your full income we can help you lend a larger amount that allows you to offer on a much broader range of properties so we can help you get the home of your dreams not the one banks say you can have!