Self Certified Mortgages

What is a Self Cert Mortgage?

A self certified mortgage allows borrowers to declare their own income on the application without having to make available the evidence that is normally required when applying for a mortgage. Instead of supplying the mortgage lender with bank statements, accounts or any other proof of income the lender will usually do a credit check and credit score on the applicant.Usually rates are higher than a standard full status mortgages.

Self cert mortgages are often favored by borrowers who are self employed or anyone who finds it difficult to prove their income, for example varying incomes or commission based incomes. However many find it hard to get a self certified mortgage through a high street bank or building society. We have worked to form close relationships with specialist lenders who can borrower with a self cert mortgage.

Orchard can arrange self certified mortgages for both residential and commercial property purchases. Orchard is not fixed to any one lender so we are able to offer you a multitude of options from the whole of the market. We can find a mortgage that suits your requirements contact us now to get a free no obligation mortgage quote.

With self cert mortgages most lenders will necessitate applicants have a minimum deposit of 10%. Only a small amount of lenders will lend up to a maximum of 90% of the property's value on a self-certification mortgage.

There are thousands of different self cert mortgage deals available, if for example you only chose to examine what banks and buildings societies in a high street had to offer you, you would only cover a tiny proportion of what deals are available. Get in touch with us now to discuss your options with one of our mortgage advisers.

Complete our Mortgage Enquiry form here to request advice from one of our Financial Advisers

To find out more information on Self Certified Mortgages please Contact us

Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The precise amount will depend on your circumstances but will be a maximum of £250, this fee will be payable on completion.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.