No Proof of Income

Self certification mortgages are for people whose income is difficult to prove using the standard procedures adopted by most high street mortgage lenders.

Self employed people without detailed trading accounts
Employed people with large commissions/ bonus element to their earnings
Company directors with high dividend earnings etc
self employed who have not been trading for long

Bonuses, commission and seasonal work can cause income to vary over time or be difficult to guarantee and this sort of income may be disregarded in order to get a mainstream mortgage. Self certification mortgages cater for this type of customer