- Life insurance is the most important insurance of them all.
- About 20 years ago, little old Trumpo was an insurance salesman and always believed that life insurance should be the No 1 priority when planning your finances.
- Mon 8th Mar 2010
- Stamp duty return hits first time buyers for six.
- In what can only be described as a dramatic drop in new mortgage lending last month, it appears to be the return of stamp duty that has put the boot in.
- Mon 1st Mar 2010
- Northern Rocks bad bank is not that bad after all.
- Trumpo learns that people are able to move their Northern Rock mortgages to new properties.
- Thu 18th Feb 2010
Self Certification Mortgages
- Trumpo mortgage advice is free and is provided by FSA regulated financial advisers
- Our trusted advisers will help you find the lowest mortgage rates
Due to the property prices in the UK, the Self Certification Mortgage market has exploded. More and more people are taking on 2nd jobs, part time work and doing whatever they can to afford a mortgage.
The key is in these three "afford a mortgage". The self certification or self cert mortgage, is for those that can actually afford a mortgage, but have difficulty providing the income proof as required by a lot of lenders.
This income might be:
- Maintenance
- Benefits
- Commission
- Tips
- Investment Income
- Retirement Income
- Family Credit
All of the above can be taken into consideration when an applicant self-certifies their ability to pay. As many as 1 in 4 in the south of England now take out self cert mortgages to get their foot on the property ladder.
The rates may be a little higher than fully proving your income but are rarely more than 1% higher than a normal mortgage.
We have a number of self certification mortgage specialist to deal with your self cert mortgage or re-mortgage enquiry. Simply fill in your details and a trusted trumpo mortgage specialist will be in touch with you as soon as possible.
