Self Cert Mortgage Guide

Mortgages for the self employed and other people who find it hard to prove their income

If you're one of the estimated 3.2 million self employed people in the UK, or have working styles which differ slightly from the norm, you'll benefit from using the services of an independent firm of mortgage brokers who specialise in arranging self cert mortgages & remortgages for the self employed, company directors, contractors and other people who find it hard to prove their income.

Historically lenders in the UK have taken a cautious view of the self employed, however a number of mainstream and specialist lenders provide a solution for the self employed through self cert mortgages.

With a true self cert mortgage, you make a declaration as to what your income is, but you do not need to provide any proof. You simply state what your likely income will be, rather than providing documentary evidence such as accounts, P60s or payslips.

Find You the Best Self Cert Mortgage Deals

Whether you have a good or bad (adverse) credit history, help is available and you can be sure of getting the best deals. With around 15 different lenders in the market, an advisor will take the time to shop around, ensuring you get the most suitable solution for your self cert mortgage.

Self Employed Mortgage Deals

Mortgages can cause one of the biggest headaches for the self employed, who constitute nearly 15% of the UK working population.

Specialist independent brokers have access to an extensive panel of mainstream and specialist lenders in the UK who offer competitive rates and flexible mortgages specifically designed for the self employed and company directors.

A range of self employed mortgage products are available which can be tailored to suit your personal circumstances. These mortgages are equally available to someone who has recently set up in business, or well established companies.

Exclusive Self Certified Mortgage Deals

Many of the mainstream and specialist lenders who offer mortgages for the self employed only accept business through authorised intermediaries and a number of the employed mortgage deals are not available in the high street. Help is available even if:

• You can't provide two or three years' accounts
• Your accounts do not really reflect your current company position
• Your accounts are constructed to minimise tax payable by showing the least amount of taxable net profit
• Your drawings are reduced to enable a larger dividend income

Self Certified Mortgages

Self certification (also know as self certified) mortgages are ideal for applicants whose income is not easily verifiable.

If you are self employed, a company director, contract worker or freelancer it is likely that you may be unable to provide three years trading accounts. As a consequence it can be difficult to secure the mortgage you want.

In short, if you know you can pay a mortgage, but have difficulty proving it in the usual way; we can help through a type of mortgage which does not require evidence or proof of income but we will have to establish as your adviser that you can afford the cost of the monthly payments.

In short, if you know you can pay a mortgage, but have difficulty proving it in the usual way; we can help through a type mortgage which does not require evidence or proof of income.

With a self certified mortgage you do not have to provide accounts, payslips or other proof of income, but instead you simply certify that you have sufficient income to service the repayments. You could qualify for up to 95% of the purchase price.

Even if you have adverse credit or previous arrears we have access to lenders who can help.