24/03/2025
💬 Can you get a mortgage on a day rate if you’re paid through CIS?
Absolutely — and for many, it’s actually the easiest way to prove income 🏠💷
Let’s say you’re on £200 a day, 5 days a week — that’s £1,000 a week. Factor in 5-6 weeks off like most folks, and you’ve got a usable income of around £46k a year ✅
🛠️ If you're paid via CIS, most lenders just need your last 3 months’ payslips + matching bank statements. They’ll average it out and use your gross income before tax — not your profit after expenses like a traditional self-employed mortgage.
That difference can mean thousands more in borrowing power 💪
⚠️ Go to the wrong bank and they’ll use your net income after expenses. And we all know how good your accountant is at keeping those profits low for tax reasons…
👉 Whether you've just gone CIS recently or you’ve been at it for years, you don’t need two years' history. Just 3 months of payslips can be enough, as long as you’ve got 12 months in the same line of work.
A specialist broker (like me!) knows which lenders to approach — and which ones to avoid 🚫
Want to borrow more, stress less, and get a mortgage that actually works for how you're paid?
Let’s chat. I help CIS subcontractors every day get the homes they deserve 🏡
