Most high street lenders will ask you to provide up to three years accounts to prove that you have sufficient income to repay the loan. If you are looking for a mortgage but you cannot prove how much you earn then you may need a self-certificated mortgage. This could be ideal if you are working on a commission only basis, or your accounts do not show your true earning potential. If you have a good track record with audited accounts then you should consider a ‘status’ mortgage. However, if one of the following applies to you, then self certification of your income may be better suited to your circumstances: • You lack three full years of trading accounts • Your current earnings are significantly greater than your accounts can prove

With a self-certification mortgage, you are able to declare your income without having to show substantial proof that you earn it. In general, most lenders regard self-certification as a greater risk and may charge a slightly higher interest rate, although we have access to lenders that do not have a presence in the high street and who are much more realistic when looking at affordability and will take a balanced view of both your income and expenditure.

You will need to sign a declaration confirming the income from all the sources that you tell us about.
Do you have a poor credit rating? Have you got CCJs? Have you previously been declared bankrupt? Don't worry! We have a wealth of experience in securing mortgages and loans for clients in these situations, even on a self-certification basis.

As with any mortgage or loan, it is important to establish that you can comfortably afford to repay your new mortgage.