Secure a Mortgage as a CIS Contractor

Using Your Gross Pay

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How do I calculate my gross pay as a CIS Contractor?

Use your Gross Pay

If you are in the construction industry and get paid via the CIS scheme, we can use your CIS statements as pay slips; this means you can use your gross pay, be tax-efficient and still get the mortgage you deserve. The rates you are offered do not change, you aren’t penalised in any way for using your day rate or CIS statements, and there are many high street banks offering mortgages for contractors.

3 Months CIS Statements

Jones & Young have lenders who are able to use your gross pay averaged over the last three months to calculate your affordability. Lenders only require 3 months CIS Statements as proof of income.

Only 5% Deposit

Even when using your CIS gross pay, you can still qualify for a 5% deposit mortgage, subject to your credit score.

Purchase or Remortgage

You can even purchase or remortgage using your CIS gross pay, with as low as a 5% deposit.

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Read What Our Recent Clients Say About Jones & Young Director Mortgage Services

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