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  • Writer's pictureCharlotte Oakley

CIS Mortgages: Unlocking Homeownership Potential for Construction Industry Workers

Updated: Feb 15

For many individuals working in the construction industry, the dream of homeownership can seem elusive due to the challenges associated with their self-employed or subcontractor status. 

However, the Construction Industry Scheme (CIS) serves as a beacon of hope, offering tailored mortgage solutions that enable eligible professionals to present their income more accurately to mortgage lenders. 

In this exploration of CIS mortgages, we will discuss this scheme and how it helps construction industry workers in their pursuit of owning a home.

Understanding CIS Mortgages

While there is no official 'CIS mortgage product,' the term refers to mortgages specifically designed for individuals registered under the CIS. 

These mortgages adopt a unique approach by considering the gross turnover of construction workers, providing a more precise representation of their income before tax deductions. 

This addresses the common issue of declared income being lower than the actual turnover, which often results in reduced borrowing power.

Who is Eligible for a CIS Mortgage?

CIS mortgages are available to a broad range of individuals within the construction industry, including self-employed workers, subcontractors, and related professionals such as architects. 

Participation in the CIS allows these professionals to pay taxes in advance to HM Revenue and Customs (HMRC) through the contracting body overseeing subcontracted workers. 

Leveraging their gross turnover as qualifying income, construction industry workers can access mortgage options that may have been out of reach under traditional lending criteria.

Advantages of CIS Mortgages

Increased Mortgage Capacity:

One of the standout benefits of CIS mortgages is the increased mortgage capacity they offer. Unlike traditional mortgages that rely heavily on standard income documentation, CIS mortgages lenders take into account gross income rather than net income, thereby allowing borrowers to access higher loan amounts. This flexibility allows self-employed individuals and those with irregular income patterns to obtain financing that meets their specific requirements.

Shorter Timeframe: 

Unlike traditional mortgage lenders that require three years of accounts, CIS mortgage providers typically consider the gross income from the past twelve months. This streamlined approach reduces the waiting time for construction workers to access mortgage options, allowing them to achieve their dream of homeownership sooner. Some lenders may even consider the last 3 months' income from CIS.

Attractive Mortgage Deals: 

CIS mortgage applicants may benefit from better mortgage rates and terms. By presenting a higher income level through the CIS scheme, they gain access to a range of mortgage products with competitive interest rates. Affordability assessments and debt-to-income calculations tend to be more favourable, increasing the likelihood of mortgage approval.

Flexible Deposit Options:

Similar to standard mortgages, CIS mortgages offer flexibility in deposit requirements. Construction industry workers can take advantage of low deposit options, with some lenders accepting deposits as low as 5%. A substantial deposit, however, can lead to even more favourable mortgage rates.

What if I have bad credit?

Individuals with past credit issues, such as bankruptcy, CCJs, or missed payments, can still obtain a CIS mortgage. 

At Your Mortgage Room, we specialise in assisting clients with adverse credit histories by connecting them with lenders experienced in CIS mortgages and accommodating credit challenges.

Applying for a CIS Mortgage

Your Mortgage Room, a Brighton-based mortgage broker, offers specialised services for CIS mortgages, working closely with a wide range of lenders across the UK to find a product that matches your personal needs. 

To initiate the process, we require at least 12 months of CIS payslips and bank statements, as lenders typically rely on this history for assessment. For personalised advice or to kick-start your mortgage application, contact Your Mortgage Room today.

CIS Mortgage with Your Mortgage Room

CIS mortgages serve as a valuable tool for construction industry workers, providing a pathway to homeownership that might otherwise be challenging. 

By understanding the eligibility criteria, advantages, and application process, individuals can make informed decisions to secure a mortgage that aligns with their financial goals. 

If you're a construction industry professional, the key to unlocking your homeownership potential may just be a CIS mortgage tailored to your unique circumstances.

For advice, or to get started with your mortgage application, contact Your Mortgage Room.

Your home may be repossessed if you do not keep up with your repayments.

There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but will be agreed with you before proceeding.


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