If you are self-employed, you may find it difficult to get your mortgage application form accepted. This is where Debt Consolidate can help, we can offer Self-Certification mortgage for those who may find it difficult to provide the standard proof of income most lenders need.
Debt Consolidate will ask for your estimated income, and we will then assess your mortgage requirements in the normal way.
A Self Certification mortgage (otherwise known as a self cert mortgage) were introduced so that self-employed people would find it easier to get accepted for a mortgage, as one of the principle decisions is based on whether you can prove your income.
So this type of mortgage is best suited to those who cannot prove their income, and our clients include self employed, contract workers and freelancers in many fields.
This type of mortgage does not require evidence of your income, and Debt Consolidate will do our best to get you accepted for a mortgage that best suits your needs.
You can also use your mortgage to consolidate outstanding debt. By consolidating your unsecured debt, you are left with one low monthly payment at a much more favourable interest rate
For more information about our self-certification mortgages, please contact our Debt Consolidate advisors on freephone 0808 131 9105.
LOANS MAY BE SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
DebtConsolidate.co.uk is a trading name of Ask Finance Ltd, which is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.