Chris was getting nowhere alone! When he approached us for help, he had already been declined by most of the High Street lenders.
The problem was, he had started as a CIS contractor only a short time before, so every bank he spoke to told him to come back when he had accounts for two years.
After completing a fact-find, our advisor confirmed to Chris that he could get a mortgage with invoices for just three consecutive months.
His third month with the contracting firm was completed just a week later! So, 7 days after that, Chris sent our advisor his 3 invoices and the corresponding bank statements.
He was being paid £170 per day, and had worked 6 days a week for 3 months, which meant his usable annual income for a mortgage was £53,040. Our CIS mortgage advisor was then able to help Chris borrow £265,000.
It took just 6 weeks for the transaction to go through and Chris was then able to move in to his new home.