- Lowest number of Mortgage Approvals since records began.
- In a breaking report from the Bank of England only 64,000 mortgages were approved last month.
- Tue 29th Apr 2008
- Are the Banks getting greedy?
- In a test case in the High Court today, 8 UK Banks may be deemed to have be charging their customers unfairly.
- Thu 24th Apr 2008
- Comparison websites under the hot spotlight.
- The centre for competition policy has produced a report saying independent checks need to be made of comparison websites.
- Sat 12th Apr 2008
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.
