Self certified mortgages are suitable for self employed people, freelancers, and those in changeable income.

Additionally, although technically an employee, a company director will often be treated as self employed if the shareholdings of their company exceed 20%

Why might you need a self cert mortgage?

There are many lenders in the market place who allow you to simply self declare what you earn, without ever needing to see audited accounts. However, there also exists circumstances where you may be required to prove your income in other ways, such as a certified verification from your accountant or business bank statements for a set period so that the lender can look at your gross income that you have received.

What can a Self Certified mortgage be used for?

A new mortgage for first time buyers

A let to buy mortgage for those who wish to buy a second property and rent out their existing property

A buy to let mortgage for existing or prospective landlords

A mortgage on the right to buy scheme (council purchase)

Secured loans and homeowner loans

Remortgage your current property in order to release some equity.

A commercial or semi commercial mortgage