Self Certification

A self certified mortgage is where you confirm what income you are earning and no further income verification is required. Self Cert mortgage are available to both good credit and bad credit issues. Therefore if you cannot prove your income this mortgage is for you. For example:

Self employed workers, 2nd Jobs, Bonus and Commision structures, Benefits Included (depending on lender), BTL investments, Ebay, Auctions etc...

The self certification mortgage is not just for self employed workers. Anyone who earns money irregularly can benefit from a self certification mortgage. People who are in seasonal employment or people who earn their money through commission, such as salespeople, will find the self certification mortgage helpful. One of the main ways a self certification mortgage differs from other mortgage types is that you ay be asked to put down a slightly higher deposit. You may also end up paying a higher interest rate on your mortgage loan.