For people who find it difficult to provide verification of their income, self-certification mortgages or re-mortgages can present an excellent solution. These types of mortgages require a signed declaration of your income and you must be confident that you can afford to meet the repayments as well as the lenders affordability criteria, however, they will not ask for proof.

Self-certification is particularly suitable for self-employed, company directors, those with second incomes, contractors or freelancers. However, they are available to Pay As You Earn for example commission and bonus paid salaries.

Mortgage companies will normally ask to see accounts over a minimum period of two/three years: a difficult proposition for many, especially those who have recently started trading and people can find themselves excluded from getting the mortgage they want. The solutions we provide are flexible so that those with fluctuating income can cope with repayments. Loans can usually be arranged up to 90% and in some circumstances 95% of the purchase price. People with good or bad credit histories can apply for self-certification mortgages.

The majority of High Street Banks don't provide these types of mortgages and they can only be provided by Specialist Brokers.

Please contact us for more information 01484 864017 and for free independent advice Alternatively email us on info@dalemortgagebrokers.com with brief details of you circumstances or to request an appointment