[et_pb_section fb_built=”1″ theme_builder_area=”post_content” _builder_version=”4.27.9″ _module_preset=”default” module_class=”about-hero” hover_enabled=”0″ sticky_enabled=”0″][et_pb_row _builder_version=”4.27.9″ _module_preset=”default” column_structure=”1_2,1_2″ theme_builder_area=”post_content”][et_pb_column _builder_version=”4.27.9″ _module_preset=”default” type=”1_2″ theme_builder_area=”post_content”][et_pb_text _builder_version=”4.27.9″ _module_preset=”default” theme_builder_area=”post_content” hover_enabled=”0″ sticky_enabled=”0″]<\/p>\n
FOR CIS CONTRACTORS<\/p>\n
Earning good money under CIS, but your tax return shows much less after expenses? You’re not alone. As a specialist CIS contractor mortgage broker, we work with lenders that can assess your income from your CIS statements, so you can borrow based on what you actually earn.<\/p>\n
\u2605\u2605\u2605\u2605\u2605<\/span> 5.0 from 120+ Google reviews \u00b7 FCA authorised \u00b7 English, Lithuanian & Russian<\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column _builder_version=”4.27.9″ _module_preset=”default” type=”1_2″ theme_builder_area=”post_content”][et_pb_image src=”https:\/\/smfinancelounge.co.uk\/wp-content\/uploads\/2026\/11\/pexels-brianjiz-31161593-scaled.jpg” _builder_version=”4.27.9″ _module_preset=”default” theme_builder_area=”post_content” alt=”CIS contractor mortgage” max_height=”480px” border_radii=”on|12px|12px|12px|12px” hover_enabled=”0″ sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ theme_builder_area=”post_content” _builder_version=”4.27.9″ _module_preset=”default” background_color=”#e8f1ed” hover_enabled=”0″ sticky_enabled=”0″][et_pb_row _builder_version=”4.27.9″ _module_preset=”default” theme_builder_area=”post_content”][et_pb_column _builder_version=”4.27.9″ _module_preset=”default” type=”4_4″ theme_builder_area=”post_content”][et_pb_text _builder_version=”4.27.9″ _module_preset=”default” theme_builder_area=”post_content” hover_enabled=”0″ sticky_enabled=”0″]<\/p>\n If you work under the Construction Industry Scheme<\/a>, your contractor deducts tax before paying you. When you apply for a CIS contractor mortgage, lenders broadly take one of two approaches:<\/p>\n 1. Tax return income.<\/strong> Many lenders treat CIS workers as self-employed and use the profit on your tax calculations (SA302s), after expenses. If you claim a lot of costs, this can be far lower than what you really earn.<\/p>\n<\/div>\n 2. Gross income from CIS statements.<\/strong> Some lenders instead look at your gross pay on your monthly CIS payment and deduction statements. Even then, they work it out differently: some average your recent weekly earnings and multiply by 46 weeks, some by 48, and others simply add up your last 12 months. On the same payslips, that can mean a noticeably different borrowing figure.<\/p>\n<\/div>\n Few people know these options exist, and not every broker knows which lenders use which method. Lenders also differ on how long you need to have been working under CIS, so the right lender choice really matters.<\/p>\n \u2713<\/span> Your recent CIS payment and deduction statements We look at your CIS statements and your tax returns side by side, work out which lender’s method gives you the best result, and match you with lenders that suit your work history. We explain the options clearly and handle the application, so you can stay on site.<\/p>\n A REAL CLIENT STORY<\/p>\n He earned around \u00a360,000 a year under CIS, but his tax return showed far less after expenses, so he assumed he couldn’t borrow enough. We found a lender that assessed his gross income from his CIS statements, and that’s what made his purchase possible.<\/p>\n Every case is different. Mortgages are subject to lender criteria and affordability.<\/p>\n<\/div>\n Yes, some lenders will assess your gross income from your CIS statements rather than your taxable profit. Criteria vary, so we’ll check which lenders suit your situation.<\/p>\n<\/details>\n Because they calculate CIS income differently. Some average your weekly pay over 46 weeks, some over 48, and others use your total for the last 12 months. We compare the methods so you know which gives you the best result.<\/p>\n<\/details>\n It depends on the lender. Some want 12 months or more, while others may consider less if you have a longer track record in the same trade.<\/p>\n<\/details>\n Some lenders accept a 5% deposit from CIS workers, while others ask for 10% or more. A bigger deposit usually gives you a wider choice of lenders and better rates. We’ll explain what’s realistic for your situation.<\/p>\n<\/details>\n Not always. Some lenders work from your CIS statements and bank statements, while others will want your SA302s. We’ll tell you exactly what’s needed before you apply.<\/p>\n<\/details>\n Not usually. Many CIS workers have several contractors. Lenders look at your overall income and how consistent it is.<\/p>\n<\/details>\n Sometimes, but not always. We’ll show you the options side by side, so you can weigh up the rate against how much you need to borrow.<\/p>\n<\/details>\n Want a quick idea first? Try our mortgage borrowing calculator<\/a>.<\/p>\n<\/div>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ theme_builder_area=”post_content” _builder_version=”4.27.9″ _module_preset=”default”][et_pb_row _builder_version=”4.27.9″ _module_preset=”default” theme_builder_area=”post_content”][et_pb_column _builder_version=”4.27.9″ _module_preset=”default” type=”4_4″ theme_builder_area=”post_content”][et_pb_code _builder_version=”4.27.9″ _module_preset=”default” theme_builder_area=”post_content” hover_enabled=”0″ sticky_enabled=”0″]<\/p>\n <\/p>\n <\/div>\n <\/div>\n [\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" FOR CIS CONTRACTORS CIS contractor mortgages Earning good money under CIS, but your tax return shows much less after expenses? You’re not alone. As a specialist CIS contractor mortgage broker, we work with lenders that can assess your income from your CIS statements, so you can borrow based on what you actually earn. Book a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-82376","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/smfinancelounge.co.uk\/ru\/wp-json\/wp\/v2\/pages\/82376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smfinancelounge.co.uk\/ru\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/smfinancelounge.co.uk\/ru\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/smfinancelounge.co.uk\/ru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smfinancelounge.co.uk\/ru\/wp-json\/wp\/v2\/comments?post=82376"}],"version-history":[{"count":2,"href":"https:\/\/smfinancelounge.co.uk\/ru\/wp-json\/wp\/v2\/pages\/82376\/revisions"}],"predecessor-version":[{"id":82380,"href":"https:\/\/smfinancelounge.co.uk\/ru\/wp-json\/wp\/v2\/pages\/82376\/revisions\/82380"}],"wp:attachment":[{"href":"https:\/\/smfinancelounge.co.uk\/ru\/wp-json\/wp\/v2\/media?parent=82376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}How lenders assess a CIS contractor mortgage<\/h2>\n
What you’ll usually need<\/h3>\n
\u2713<\/span> Bank statements showing your payments coming in
\u2713<\/span> Sometimes your SA302s and tax year overviews
\u2713<\/span> Details of your contract or main contractor, if you have one
\u2713<\/span> Photo ID and proof of address, plus proof of deposit if you’re buying<\/p>\n<\/div>\nHow we help with your CIS contractor mortgage<\/h2>\n
CIS contractor mortgage FAQs<\/h2>\n
Can I get a mortgage based on my gross CIS income?<\/summary>\n
Why do lenders offer different amounts on the same income?<\/summary>\n
How long do I need to have worked under CIS?<\/summary>\n
How much deposit do I need for a CIS contractor mortgage?<\/summary>\n
Do I need a tax return to apply?<\/summary>\n
I work for more than one contractor. Is that a problem?<\/summary>\n
Will a lender using gross income cost me more?<\/summary>\n
Talk to a specialist about your CIS contractor mortgage.<\/h2>\n