CIS Contractors
CIS Contractor Mortgages – Get the Right Mortgage for Your Unique Income
If you're a CIS (Construction Industry Scheme) contractor, securing a mortgage can feel like a challenge. Many traditional lenders struggle to assess self-employed or contractor income accurately, leading to unnecessary rejections or lower borrowing amounts.
At J Finance, we specialise in CIS contractor mortgages, helping you secure a mortgage based on your gross income, rather than net profits. This means you could borrow more than a standard self-employed applicant.
Can CIS Contractors Get a Mortgage?
Yes! CIS contractors can get a mortgage, but many lenders don't fully understand how your income works. The good news is that some specialist mortgage providers will assess your affordability based on your gross earnings before tax, rather than your net profit. This can significantly increase the amount you can borrow.
How Do CIS Contractor Mortgages Work?
✔ Gross Income Considered – Unlike standard self-employed applicants, many lenders assess your mortgage application using your gross earnings (before tax) from your CIS payslips rather than net profit figures.
✔ Prove Your Income with Payslips – Some lenders will request the last 3-6 months of CIS payslips rather than full accounts or tax returns.
✔ More Borrowing Power – Because your gross day rate or weekly earnings are used, you may be able to borrow more than someone using standard self-employed criteria.
✔ Access to Competitive Rates – Specialist lenders offer CIS contractor-friendly mortgages, ensuring you don’t pay inflated interest rates due to your employment status.
CIS Contractor Mortgage Eligibility
To improve your chances of securing a mortgage, you’ll typically need:
3-6 months' worth of CIS payslips
A minimum deposit (typically 5-10%)
A good credit history (though options are available for those with some adverse credit)
A track record of working within the construction industry
Even if you don’t meet all of the above, there are still mortgage solutions available. At J Finance, we work with lenders who specialise in contractor and self-employed mortgages, ensuring you have access to the best possible rates and terms.
Benefits of a CIS Contractor Mortgage
✔ Higher Borrowing Potential – Using your gross income before tax rather than net profit can increase the amount you can borrow.
✔ More Lender Options – Access specialist mortgage providers who understand CIS income structures.
✔ Flexible Mortgage Terms – Choose from fixed-rate, variable-rate, and interest-only mortgage options.
✔ Self-Employed Friendly – Unlike standard self-employed applications requiring two years of accounts, some lenders will approve CIS contractors with just 3-6 months of payslips.
Why Choose J Finance?
✅ Expert Contractor Mortgage Advice – We specialise in mortgages for CIS contractors and self-employed applicants.
✅ Access to Specialist Lenders – We compare high-street banks, building societies, and specialist lenders to find the best mortgage for you.
✅ Higher Borrowing Potential – We ensure your gross CIS income is used for affordability assessments, maximising your borrowing power.
✅ Hassle-Free Process – From finding the right mortgage to handling paperwork, we manage the entire process for you.
✅ Ongoing Support – We’re here to assist you before, during, and after your mortgage application.
Get Expert CIS Contractor Mortgage Advice Today
If you’re a CIS contractor looking for a mortgage, the right lender makes all the difference. At J Finance, we help you secure a mortgage that truly reflects your earning potential.
📞 Contact J Finance today to discuss your CIS contractor mortgage options and get a free, no-obligation consultation.