Self certification mortgages.

Self certification mortgages, also known as "non status" or "self cert" mortgages, have shot to popularity thanks largely to changing work practices in the last couple of decades that have left a large number of people on short term or part time contracts, or dependent on bonuses for a sizeable portion of their income.

Self certification mortgages are for people whose income is difficult to assess using the standard methods adopted by most conventional mortgage lenders. They allow you to "self declare" your earnings.

Self certification is the process by which the amount that a customer borrows is based on what they claim is their income as stated in a signed declaration in the application form, but where they don't have to prove it on the basis of their accounts

Whilst a mainstream lender will ask for up to three years audited accounts from a Chartered or Certified Accountant before considering a mortgage for the self employed, the specialist lender will be far more accommodating. Specialist lenders look to provide innovative solutions to individuals, appreciating that different working patterns require a more flexible approach.

This is where we can help!

We can advise you on the best mortgage provider and mortgage product for your personal requirements. We can either provide you with a self cert mortgage quote, telephone you to discuss your self cert mortgage requirements and even arrange a face to face meeting in your own home or at work with a local independent mortgage adviser.