Apply
Self cert is the ideal solution for those freelancers who find it difficult to confirm their income in the traditional way required by conventional mortgage lenders, for example three years? accounts or confirmation of income via payslips, etc. With a self certified mortgage (also known as non status, self declaration, self certificate), borrowers can just declare their income to a lender without having to provide proof. The lender will then carry out credit checks to assess your suitability. The decision rests around the confidence the lender has in the borrowers ability to keep up regular repayments of the loan.
As an independent mortgage broker, we have access to a wide range of Self-Certified mortgage options for those contractors who may prefer not to follow the standard ‘contract rate’ based lending criteria that we have negotiated.
We fully understand that there will be a variety of reasons why you may be unwilling/unable to prove your income. Maybe -
1. You work through an EBT or similar scheme and possibly have a contract that states the scheme but does not feature your name
2. You work currently overseas, perhaps are not paid in pounds or do not repatriate funds to a UK bank account
3. You are currently on a lower rate than normal and wish to use more realistic previous/anticipated contract rates instead
4. You are paid cash for ancillary work that is outside of your normal contract.
The type of mortgage which is most appropriate for you will depend on your own individual circumstances.
Simply complete our mortgage finder and one of our expert freelancer mortgage advisers will get back to you with the best options currently available.
Financial advice on these pages is being given by our IFA broker FreelancerMoney, which is a trading name of ContractorFinancials Ltd, regulated and authorised by the Financial Services Authority.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Click here for important legal information
Click here for a copy of our Private Client Agreement
Click here for a copy of our Initial Disclosure Document
All rights reserved and E & OE
Back
