Self Cert Mortgages

Self Certification also known as 'no document' or 'no proof of income' mortgages

Mortgage sourcing system for finding suitable products

For self employed applicants and employed applicants with higher actual income than what can be proven with business accounts or income references such as a P60 Payslips, it can be difficult to qualify for the amount of mortgage required. While there may be enough income to afford the monthly mortgage payments each month, there may not be enough income that can be proven on paper. For someone who is Self employed the accountant may have done an excelent job of keeping the profit figures low to keep down the tax bill, but when it comes to applying for a mortgage the bottom line net profit figures are not strong enough for the mortgage lender to base the loan on. 

Self Cert Mortgages

Paying too much for your mortgage? Remortgage and save thousands!

A Mortgage lender will calculate the total loan advance they can offer based on the annual salary stated on payslips (for employed applicants) or for self employed applicant upto 3 years accounts are often required where the net profit figure will be used for the lending multiples.

Self cert loans for homeowners

Self Certification of income on a mortgage application can take into account the total household income, that is earnings from cash in hand work, bonus comissions, investment income, offshore derived earning, and even money earned online. For the self employed applicant he may declare total earnings, profits and even projected profits for new business lines.

Find out more on self cert mortgages here , or call us today to speak to a mortgage adviser. Freephone 0800 496 9595.

We can offer:

Self Cert Commercial Mortgage: Commercial Mortgages with no proof of accounts

Self Cert Bridging Loans: Finance the purchase of property from auction

Self Cert Development Finance:

Self Cert Property Development loans: Funding for new build property development

Self Cert Property Refurbishment Mortgages: Unique mortgages to purchase property for renovating to resale for profit or BTL.