Case Studies
Discover how we’ve helped clients secure funding across residential mortgages, buy to let, bridging finance, commercial lending, and specialist finance solutions.
Specialist Knowledge, Better Lending Outcomes
CIS CLIENT SUCCESS STORY
A client approached us after being advised by another brokerage that they would require two full years of self-employment tax calculations before being eligible for a mortgage. Due to working under the CIS scheme, they had been assessed as self-employed and were told to return once their second year had been completed.
Following a detailed review of the client’s circumstances, we identified a lender willing to assess their CIS income on a PAYE basis, as the contracting company was responsible for deducting and paying their tax.
This enabled us to use the client’s most recent three months’ payslips to evidence affordability, removing the need for two years of accounts.
As a result, we were able to increase the client’s borrowing capacity by more than £60,000 and secure a competitive high street lender product within just three days, this allowed them to proceed immediately rather than delaying their plans for another year.
Key Outcomes
Client Background: CIS Contractor Mortgage (Income assessed on PAYE basis)
Challenge: Initially assessed as self-employed and advised a minimum of 2 years’ trading history before eligibility
Lender : High street lender with CIS-friendly affordability criteria
Application Structure: Reclassified CIS income as PAYE due to contractor tax deductions, enabling assessment using 3 months’ payslips instead of full accounts
Funding Outcome: Successfully Approved within 3 working days
Borrowing Impact: Increased borrowing capacity by £60,000+ and removed a potential 12-month delay to purchase plans
