RSS
June 09, 2008 | badcredit | Comments 0

Who is Eligible for a Self Certification Mortgage?

This is a difficult question to give a direct answer to as the very nature of self certification is that the situations that self cert can be the correct product for, are a wide and diverse range of situations.

The best approach to take is to give an example of where a self cert mortgage is beneficial to the client. Take the following for example:

Tom recently became self employed. In fact he only started trading as courier/driver, well for at least the last three months. However previous to going self employed, Tom had spent four years working as a driver for a courier firm in London.

Tom now finds himself with the opportunity to grow his business expotentially but needs to remortgage his property to raise sufficient capital to buy a new transit. The reason being he wants to take on additional driver on to fulfil several lucrative contracts he has sealed, from referrals for the work he has already gained a great reputation.

As you can appreciate there are hundreds of these scenarios that could benefit from these self certification mortgages. Remember to call us or apply online if you require any help even if you need a bad credit self cert remortgage we can help.

Related Articles:

Entry Information

RSSPost a Comment  |  Trackback URL