Self Cert Mortgage

Self certification mortgages (also known as self certificate mortgages) are one solution for the self employed, contractors and other people who have have irregular incomes.

The self employed and contract workers, may be unable to prove their income by way of certified accounts. Most lenders need to see evidence that the applicant can afford the mortgage. However with a self certified mortgage, borrowers can simply state their own income on the application form, rather than proving it with pay slips or accounts. Self-certification means that the earnings figure entered on the application form is accepted by the lender without proof. 

It is estimated that as many as 10 million people might struggle to arrange a regular high-street mortgage because they do not have the proof of income that many lenders require.

With around 3.2m self-employed people in the UK and a growth in the number of contractors, the number of buyers who might not qualify for a standard mortgage has risen.

A self cert mortgage is not always the only option available as lenders have become more flexible in recent times. We are experts in arranging mortgages for the self employed and contractors and will advise on the best deals available to you.

Let an expert adviser do all the shopping around for you

It is very important to shop around to get the deal that is right for you. A truly independent adviser is not tied to a single lender or to a restricted panel of mortgage companies. Instead they will scan the entire market to locate the most appropriate and cheapest deals for you.

Simply provide a few details by filling in our no obligation online enquiry form. It costs you nothing to see what your options are.