2nd-Mortgage

Self cert mortgages are available to everyone, but in particular are useful for those who cannot prove their income or do not qualify for standard mortgages. You are not required to provide documentary evidence of your mortgage, but it is important that the information that you supply is as accurate as possible. Self cert mortgages criteria has also tightened across the market, so now only the most competitive rates are available to those with a deposit of 25% or more.  Even with a deposit of 25% you will still pay a mortgage rate of around 7.5%.A typical 25 year repayment mortgages ...

A mortgage self certification is a method a declaring income that will be suited to an applicant who may have sources of income that are not easy to prove. It is important to note that a mortgage self certification is not a type of product; rather it is a method of declaring income. There are a number of different situations in which a mortgage applicant may not be able to provide full and verifiable proof of their income. This includes applicants who are self-employed, company directors, freelance workers, or workers who receive their income on an irregular basis through commissions and ...