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Can I still get a self cert without proof of income?
If so, what is the max Loan To Value allowed?
I’d like to go upto 85%?
My current 3 year deal ends soon, and I’d like to borrow more, fix for 5 years? and poss. move lender?
Also, whats the best avenue on how to approach my current lender?
Maybe try them for a better deal when the current one expires…..?

3 Thoughts on Are Self Cert Mortgages still available for Self Employed?
  1. Reply
    Mke guy
    April 22, 2012 at 2:30 am

    there are still programs for self employed borrowers. You are looking for a No Doc or Stated income oan. Depending on your credit score you can still get 95% of the value of your home. 100% stated programs are still out there but disapearing everyday. You could also present 6-12 months bank statements as proof of income. Esxpect higheer rates though.

  2. Reply
    Del Boy
    April 22, 2012 at 2:38 am

    Well, I think BM will let you have a self cert as long as you can let them have 15%, remember to add stamp duty and solicitor fee. Best way to do it – use a estate agent’s mortgage advisor. Hope this help 🙂

  3. Reply
    April 22, 2012 at 2:57 am

    Yes Self Certs are still available without proof of income. Normally just bank statements are sufficient. LTV will depend on your circumstances. I recently got approved for 100% on £250k because of my security etc.

    Note to above post: Estate agents don’t offer the best deals because they are tied into certain products – if not the mortgage then certainly the insurance. Some EA’s don’t even let you view a property until you’ve had a ‘consultation’ with the mortgage advisor.
    You want to go to a broker who offers ‘whole of the market’ advice. Try for a free informal assessment.

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