Friday, April 13, 2007

Contractor Mortgages - Is Self Certification Right for you?

Self Certified Mortgages

If you are self employed, a contractor or freelance professional, have irregular income, earn income from bonus or commission payments or have multiple jobs, you're one of many people in the UK who know they can afford a mortgage, but will likely encounter difficulty getting a standard mortgage. Fortunately specialist products are available designed to meet your needs.

In the last few years, there has been a proliferation of new mortgage products which have been developed to meet the needs of a wide range of borrowers, some of whom may have formerly been excluded from the mortgage market altogether because they could not fulfill conventional criteria for verifying their income... read more