Self Certification Mortgages
Self-certification mortgages are available if you cannot verify your income. This could be for a number of reasons including:
- It comes from a number of sources.
- You may not have been trading for long enough to have the required number of years accounts.
- You may have a low basic salary but achieve bonus or commission payments or a regular second income.
The lender will ask for details of the your income, but they will not need to see proof of total earnings. Other terms will depend upon the lender's requirement and in accordance with the rates prevailing in the market place.It is a criminal offense to lie about your income.
