RESIDENTIAL MORTGAGES
CIS Contractors
Mortgage solutions built for CIS-registered contractors and construction professionals.
Specialist Support for CIS Borrowers
We understand the complexities of CIS income and how it should be assessed by mortgage lenders. Many lenders will assess a CIS worker as per a self assessment tax return in many cases the tax return will show a lower income, fortunately, we work alongside a few lenders that will assess your income similarly to PAYE employment.
By understanding lender criteria in depth, we can often help you avoid specialist lending routes that may carry higher interest rates. At Holbrook Capital Finance, we take pride in our detailed knowledge of lender requirements, which allows us to access products from high street banks and building societies wherever possible.Most lenders we work with in this sector assess income based on a 46- or 48-week working year. However, we have access to a lender who is able to assess income over a full 52-week period. This enhanced approach to income assessment could significantly improve your borrowing capacity and increase your purchasing power. With access to specialist lenders who understand the structure and consistency of CIS earnings, we can help secure competitive mortgage solutions designed to maximise your borrowing potential.
SPECIALIST CIS LENDING EXPERTISE
Flexible Mortgage Solutions
Solutions available from just 3 months’ CIS history, with no previous industry experience required
3 Months History
Where your self-assessment reflects a lower income, we may be able to assess affordability using your payslips instead
Treated as PAYE
Access to lenders who can annualise your income over 52 weeks to maximise borrowing potential.
52 Week Average
CIS CLIENT SUCCESS STORY
Specialist Knowledge, Better Lending Outcomes
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.