UK Self Certification Mortgage

Self Certification Mortgages

With a self certification mortgage the mortgage applicant must sign a declaration of their income. They allow a mortgage to be granted without any reference to an employer.

With little or no adverse credit, the interest rate bears a small premium above normal rates. All mortgage types (Variable Rates, Fixed Rates, Capped, Discount Mortgages etc.) are available.

With a deposit typically in the region of 10% - 15% or a loan to asset ratio of around 85% - 90% some lenders will allow borrowers to self-certify their income without references or promises from an accountant.

Better rates are available to the self-employed if documentation can be provided to support past and expected income levels.

For more information on self certification mortgages or to apply for a self certification mortgage please follow the link - Self Certification Mortgages >

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• Your home may be repossessed if you do not keep up repayments on your mortgage.
• Changes in the exchange rate may increase the sterling equivalent of your debt.
• The FSA do not regulate certain mortgages.
• The advice and/or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.