Self Employed MortgageSelf Employed Mortgage - are available to self employed people employed in their own business or whose business is responsible for the finance of themself by way of dividends or profit. Self employed finance & mortgages are less easy to obtain than in the past and lenders are more reluctant to provide finance & mortgages to the self employed due to current economic circumstance. Those seeking self employed finance do not necessarily to undertake mortgage self certification. The process of mortgage self certification has to be on a strict basis and those seeking self employed finance may still be able to demonstrate full evidence of their self employed income by a range of means. Home mortgage UK lenders do not necessarily require full audited accounts from those seeking self employed finance but in order to undertake mortgage self certification both the authorised online mortgage broker or offline mortgage broker, and the lender need to be satisfied that the mortgage is affordable and suitable for the borrower’s needs. At Capital Fortune, we are self employed finance specialists. If necessary we can arrange mortgage self certification but often affordability of the mortgage can be demontrated in a number of ways. We appreciate, as do lenders that certain trades undertaken by the self employed can make this difficult. We also understand that those requiring self employed finance may not have been in self employment for the requisite two years or they may need to carry out a mortgage self certification given they are employed in one job but received income from a second occupation which is self employed. In order to obtain the best value mortgages for you, as part of our online mortgage service, we would take your through a full fact find to ascertain your needs and requirements. This would determine the amount and type of self employed finance required and would also determine whether you meet the criteria to undertake mortgage self certification. Self Certificated MortgagesMortgage self certification is undertaken where you confirm your income without the need for independent verification. To overstate your self employed income is a criminal offence and mortgage self certification can only be used only where people are looking for self employed finance and have irregular earnings, or those whose self employed income comes from a number of different sources. If you require self employed finance or need to undertake mortgage self certification as you cannot prove your income in a traditional way given you are under a temporary contract, a freelancer or receive income from a number of then a self certification mortgage may be for you. We stress that mortgage self certification is not a mechanism to be dishonest or inflate your income on a mortgage application form in order to receive a self cert secured loan. It is designed for those requiring self employed finance whose earnings are irregular and do not receive a set income each month so do not meet the standard mortgage lending criteria. A self certificate mortgage allows you to declare your own income on the application without having to provide the evidence that is usually required when applying for a mortgage. Instead of supplying the lender with self employed finance bank statements, accounts or others proof of self employed income, the lender will instead carry out a credit check and credit score. They may also request a lender reference or landlord’s reference. The self employed finance allowable by the lender is calculated on you and your partner's annual income. Self cert mortgage lenders will however, take into account any bonuses, commission, second income, pension and other secondary sources of income. The rates of interest for those needing to undertaking mortgage self certification can be higher than standard rates to reflect the increased risks associated with non status mortgages. Self employed finance can pose a greater risk to lenders hence the reflection in their pricing. The cost for self employed finance particularly for those needing to undertake mortgage self certification will be slightly higher than normal, either in the mortgage rate you will pay or in the lender arrangement fee. The larger your mortgagedeposit the better rate you will pay. A self certification mortgage may mean less choice of products but self employed finance can still be arranged with a number of interest rate options including fixed rates, tracker rates, discount rates, variable rates, and capped rates. They are available on a repayment or interest only basis and can be available for remortgages and buy to lets. Our best self cert remortgage tables are specifically designed for those looking for the best self cert remortgages available in the mortgage market. A best self cert remortgage may not necessarily be the cheapest mortgage and in order to ascertain the most suitable and affordable product best for you, we would need to take you through your needs in order to ascertain your requirements and the reasons for a self cert remortgage. Our online mortgage service tables will give you the best value mortgages for self employed finance. Self Employed ServicesWhy not take a look at some of the other services Capital Fortune provide for the self employed: If you need any assistance why not speak to one of our Mortgage Advisers by calling 0845 3 630 430 or Enquire Online. | 
