Most
employed applicants will be able to prove their
income by reference to their payslips and an end-of-year
P60. However if you have additional income that
is:
• Seasonal or contract work
• Casual
labour
• Erratic bonus, commission or
overtime payments
Then you can apply for a self certified mortgage.
You need only declare that you have the additional
income required to be able to repay your mortgage.
This will limit the number of lenders available
to you but should allow you to borrow a larger amount
(just make sure that you can afford the repayments
on the higher loan). Your adviser will be able to
give you more information. |
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT
KEEP UP REPAYMENTS ON YOUR MORTGAGE
A fee will be charged for mortgage advice. The precise
amount will depend upon your individual circumstances
(typical fee: £995). The fee is only payable on
legal completion of your mortgage. The total cost for
comparison is 7.6% APR. Please ask for a personal illustration.
We may also be paid commission by the lender.
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