Self-certification mortgages can be ideal for people who for a variety of reasons, find it difficult to evidence their income.
They may have commissions, bonuses, overtime, irregular payments, multiple jobs, self employed and more.
The great benefit of self-certification mortgages is the amount you borrow is based on the income you declare, stated in a signed declaration on the mortgage application form.
It is very important to note that if you make false declarations and/or inflate your income on a mortgage application form you may not be able to afford your mortgage repayments. You may also face criminal prosecution for mortgage fraud. All applications will be subject to a feasibility assessment.
Self Cert / No Proof of Income - The overall cost for comparison is 8.1% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.