CIS Mortgage

By |2021-12-04T12:50:35+00:00January 19, 2021|Knowledge Mortgages, Mortgages, Mortgages for Different Occupations / Income Types, Self Employed Mortgages|

CIS is short for ‘Construction Industry Scheme’ and was set up by HM Revenue & Customs (HMRC) as a way for people who work in construction to pay tax. Self-employed individuals and sole traders can find it challenging when applying for a mortgage due to the way lenders calculate affordability based on net profit figures, which then results in being offered a lower mortgage loan.

What are CIS scheme mortgages?

By |2021-09-01T17:10:06+00:00November 16, 2020|Knowledge Mortgages, Mortgages for Different Occupations / Income Types, Occupations, Self Employed Mortgages|

Use our CIS contractor mortgages Quiz       CIS mortgages If you work as a self-employed contractor, you may find it challenging to [...]

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