Non Status Mortgage with No Proof of Income
Self cert may be the ideal solution for those 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 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 borrower’s ability to keep up regular repayments of the
loan.
 These lenders use different methods to assess your creditworthiness,
which means you may be welcomed with open arms - but interest rates with a
non status mortgage are likely to be higher than mainstream products.
Exclusive Deals
An independent mortgage broker has access to the whole of the mortgage market
in the UK. Furthermore,
they may have access to exclusive mortgage products which require no
proof of income. Many of these products are not available by going to
a lender directly and are only available through specialist brokers.
Flexible Mortgages
It may be possible to tailor your self certified mortgage to adapt to your changing
circumstances. You could increase payments or a pay lump sum
when cash flow is good and reduce payments or take payment holidays
when required.
FREE No Obligation Quote
Whether you're a
first time buyer, or looking to move to your next property, an
independent advisor will locate the best deals for you.
Simply complete our no
obligation enquiry form and an expert mortgage advisor will
get back to you with the best products currently
available in the UK.
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