As an individual working within the construction industry, you may be eligible for Construction Industry Scheme (CIS) mortgages. Being a contractor, you’re somewhere in the middle of being self-employed or permanently employed, which can make it seem like a mortgage is not realistic. However, CIS mortgages are a way of helping those impacted by these circumstances.
CIS mortgages allow those in the construction industry to use their gross income on payslips instead of filed accounts. This means you don’t have to file three years of accounts to be applicable. So, if you have ever only been a subcontractor or self-employed for less than a year, our expertise can find the right mortgage for you.
What do I nee
Lenders will usually take an average of the earnings shown on your previous three to six months of payslips to calculate your annual income. This varies from lender to lender.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Momentum Mortgages is an Appointed Representative of PRIMIS Mortgage Network registered in England Wales, company number 11806827.
PRIMIS Mortgage Network is a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.
We will charge a fee of between £99.00 and £999.00. The amount we will charge is dependent on the amount of research and administration that is required.Please refer to the Terms of Business for further information.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
The Financial Conduct Authority does not regulate all Buy to Let mortgages
