Self Certification

Self Certification mortgages are ideally suited to those who are self employed, or are employed but perhaps has an irregular income due to bonuses or commission.

You can self certify your income without having to supply proof of income documents although some lenders do require an accountants certificate to confirm that your income is sufficient to service the mortgage repayments. The amount you can borrow is based on a signed declaration of income.

It is vital that you do not overstate your income because you could end up with a mortgage that you cannot afford and you could lose your home as a result. You will also be committing fraud and could end up with a criminal record.