Self Certification
Definition:
Self certification mortgages are those that are offered based on the borrower stating what their likely income will be, rather than providing evidence of earnings, through eg payslips.
So, with a self certification mortgage, you will not need to provide any proof of income, and thus documents such as accounts, P60s or payslips will not be required or requested.
Self certification mortgage rates will almost certainly be higher than standard mortgage interest rates.
When you apply to a Lender for a mortgage they have access to a number of credit agencies that hold all details of your current & passed credit records, if you have already applied it is likely that you have already been disappointed.
Your situation could be some missed payments, could be defaults or CCJ's, or could possibly be that you have been recently discharged from bankruptcy. Your situation could be further complicated in that you could be self employed or need to self certify or self cert your income.
Whatever your situation, 'interesting mortgages' would like to help & with our wide Lenders Panel & whole of market option we are confident that even though it is likely you will need a deposit or equity in your home if you need a remortgage, that we have a competitive solution for you.
Please contact us for an initial no commitment telephone conversation, you will probably be surprised at what we can do for you! |
