Self Cert Remortgage (UK)
If you are looking for a remortgage but are having problems proving your income then a self cert remortgage can be the answer! You can make a self declaration of your income in order to be approved for the loan.
Who can apply?
Self cert remortgages are available to home owners who don't have the required documentation to support a standard remortgage application such as detailed accounts. These can typically include the self employed or the employed who either have erratic income (e.g. sales) or more than one source of income. These types of mortgage deals are also suitable for those with less than perfect credit ratings.
Why Self Certified Remortgage?
The funds raised form your remortgage can be used for a variety of reasons:
- reduce monthly mortgage payments (a better deal)
- to take advantage of equity in the property
- to help in retirement
- investment opportunity e.g. buy-to-let
- debt consolidation
Adverse Credit History?
If you think you won't get a self cert remortgage because of your credit record then you will be surprised at what we can do for you. So if you have been declined elsewhere, have county court judgements, defaults or arrears, in an individual voluntary arrangement (or IVA), recently discharged bankrupt then we may still may be able to help!
What next?
We'll save you the hassle of trying to compare loads of different self cert remortgages. Your case will be dealt with by just one person and not lost is some sort of call centre black hole! They will go through everything in simple terms and ensure that you get the best deal which could potentially save you thousands over the course of the mortgage.
