CONSTRUCTION INDUSTRY SCHEME MORTGAGE LENDERS
CIS MORTGAGES
If you’re part of the construction industry scheme (cis), applying for a mortgage can be a challenging process to navigate. Here at OH Mortgages, we have the potential to calculate your income using your weekly payslips.
OH MORTGAGES - CIS MORTGAGE ADVISOR
Our team are on hand to provide advice and guidance every step of the way, from assessing your affordability to finding you an appropriate lender. We can even help if you’re self-employed and work through the CIS, ensuring a smoother transition from application to completion.
With a transparent and honest process, we also provide access to exclusive mortgage products tailored specifically for our CIS clients, offering competitive rates and flexible repayment options so that we can find the best solution for you. With over 10 years of experience in the mortgage industry, our team can help you find the mortgage that’s perfect for your needs. Get in touch with us today for more information.

DO YOU HAVE ANY QUESTIONS ABOUT THE CONSTRUCTION INDUSTRY SCHEME?
Sometimes, even with all the information available out there, it can still be hard to make sense of it all. That’s why our team at OH Mortgages are here to answer any questions you may have about the Construction Industry Scheme and how it affects your mortgage application. Get in touch with us today for more advice and guidance. We’ll be more than happy to help.

CIS MORTGAGE ADVICE FROM THE EXPERTS
Choosing the right loan can seem daunting, especially when your income is varied. However, here at OH Mortgages, we believe in taking a pragmatic approach to help our clients. Our advisors are dedicated to finding the best solutions for your unique circumstances, regardless of whether you’re employed by a major contractor or operate as an individual sub-contractor.
Upon consultation, our experts will be able to identify the best lenders for you, ensuring that the repayments are manageable and that you have the support of an experienced team. Long-term, this helps to give you the comfort of knowing that your mortgage is secure. With our help, you can save time and energy in finding the right mortgage product and focus on what matters most to you.
Your home may be repossessed if you do not keep up repayments on your mortgage
Other Services We Proudly Provide
As well as CIS mortgages, we specialise in a range of other services. Please take a look at what else we can help you with:
FAQ'S ON CIS MORTGAGES
We’ve prepared some of our most common frequently asked questions around cis mortgages, if you have any further questions, please don’t hesitate to speak to our team.
A CIS Mortgage is a Construction Industry Scheme Mortgage and is a specialist mortgage for contractors working in the construction industry. This allows contractors to use their gross income, rather than their net income when applying for a mortgage and is more flexible to accommodate the contractor’s earning fluctuations within the construction industry.
Specialist brokers will help CIS workers to access a range of mortgage products that are tailored to their specific needs.
Most CIS mortgage lenders will use a contractor’s ‘gross income’ when calculating borrowing potential. This includes both their salary and any overtime payments, bonuses or commission that the contractor may receive from the construction industry scheme. These 12 months of accounts will be used to calculate a contractor’s gross income and any further calculations will be based on this figure.
Whilst it may be more challenging to get approved for a CIS mortgage with bad credit, it is not impossible. We have a range of lenders that can offer bad credit mortgages, but they often require a larger deposit and have higher interest rates long-term. If you have poor credit and are looking for a CIS mortgage, we recommend seeking professional advice from one of our experienced team.
This will vary based on individual circumstances, but most lenders will allow a contractor to borrow up to roughly four times their annual gross income. It should be noted that this can also be as high as 5 times your annual income with some lenders!
The exact amount you can borrow will depend on your credit history, the amount of deposit you have available and your outgoings.
Whether you are a first-time buyer, re–mortgaging or looking to buy to let, in most cases you’ll need to put down at least 10% of the purchase price as a deposit. However, in certain cases, lenders may require higher amounts to accommodate bad credit history or the nature of a contractor’s income. We’ll work to assess your situation and find a range of lenders to suit your needs.