Specialist Mortgages: Construction Industry Scheme (CIS) Mortgages
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What is Construction Industry Scheme (CIS) Mortgage?
A Construction Industry Scheme Mortgage more commonly advertised as a CIS Mortgage and although there is no specific product. It is merely for anyone registered via the CIS scheme, set up by HMRC some time ago to present their income in a more accurate way for mortgage lenders. Mortgage lenders are then able to consider your gross turnover as income, rather than using your self-assessment figures as reported to HMRC as your overall financial figure.
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