- The think tank Policy Exchange has been on the magic mushrooms.
- They have come out with a corker this morning stating that interest rates could be raising to 8% by 2012.
- Mon 23rd Aug 2010
- Over 1.2 million people take out pay day loans at an average 2689% APR.
- These are genuine loans and should not be mistaken for dodgy deals provided by loan sharks.
- Mon 16th Aug 2010
- Mortgage rates keep getting better and better.
- HSBC have today announced a market leading tracker mortgage at 1.69% + base for life.
- Tue 3rd Aug 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.
