Jones & Young Highlights UK Specialist Mortgage Crisis On Workers & Contractors
Jones & Young brings the UK’s specialist mortgage crisis into sharper focus, showing how self-employed workers, CIS contractors, and company directors are being restricted by mainstream lenders.
Petersfield , April 24, 2026 (GLOBE NEWSWIRE) -- Leading UK mortgage broker firm, Jones & Young, reported that a growing number of creditworthy UK borrowers are being blocked from homeownership due to high street lending criteria. Despite solid earnings, clean credit profiles, and strong savings, this issue reflects a mismatch between how millions of people now work and the way many lenders still assess affordability.
Jones & Young says the problem is no longer confined to a small corner of the market. The company’s advisers report that borrowers with complex but reliable income are often declined because automated or rigid criteria still favour permanent employment and standard monthly payslips over contracts, dividends, gross CIS income, or tax-efficient self-employed accounts. The company argues that this requirement leaves many borrowers in a “mortgage no-man’s-land,” even when the financial fundamentals are sound.
Jones and Young
For applicants seeking a self-employed mortgage, the challenge often starts with how income is read on paper. Many lenders look closely at net profit, trading history, and year-on-year consistency, which can produce a lower borrowing figure than a borrower’s true earning capacity suggests.
The same pressure applies to construction workers who need guidance from CIS mortgage specialists. Jones & Young explain that many CIS borrowers are misjudged when affordability is based on net figures instead of gross earnings. On its website, the firm says CIS lenders often use CIS statements, payslips, and bank records to assess gross income, which can create a truer picture of borrowing strength and, in some cases, support borrowing at around four to five and a half times gross income, depending on the wider case. That approach matters for borrowers whose work patterns are normal for the construction sector but can appear irregular inside a high street lending model.
Jones and Young
Limited company directors face another version of the same issue. Jones & Young says directors are often assessed on salary and dividends alone, even when retained profits and business strength tell a broader story. The director mortgage advisers at Jones & Young states that some specialist lenders will consider salary, dividends, net profit, and retained profits, and may also look at applicants with one year of accounts in certain cases. For directors who have chosen to leave profit inside the business, that difference can shape whether a mortgage offer reflects real affordability or falls short of it.
Jones & Young offers a full range of specialist mortgage solutions and a lender network designed for cases that fall outside standard criteria. The company said no two borrowers are the same, and its advisers aim to match each applicant with lenders that understand contractor income, self-employed structures, director remuneration, and other non-standard profiles. The company also highlights face-to-face consultations in Petersfield, clear guidance through the mortgage process, and specialist support for borrowers who need a more tailored route to approval.
Jones and Young
Readers affected by the UK specialist mortgage crisis can explore solutions by visiting Jones & Young’s website at https://jonesandyoung.co.uk/ today.
About Jones and Young
Jones and Young is an independent specialist mortgage brokerage based in Petersfield, Hampshire, helping self-employed workers, CIS contractors, company directors, and other borrowers with complex income secure suitable mortgage options. Its advisers work across specialist and mainstream lending routes to find mortgage solutions aligned with each client’s circumstances.
###
Media Contact
Jones and Young
16 College St, Petersfield GU31 4AD
01730 776076
https://jonesandyoung.co.uk
Disclaimer:
This is not an endorsement or recommendation. All investments carry significant risk and all investment decisions of an individual remain the specific responsibility of that individual. There is no guarantee that it will result in profits or that it will not result in a full loss or losses All investors are advised to fully understand all risks associated with any kind of investing they choose to do.
There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. Moreover, nothing contained in this PR should be construed as a recommendation to buy, sell, or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance. Consult your business advisor, attorney, or tax advisor regarding your specific business, legal, or tax situation.
This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
