1st post; looking for a fixed, self-cert mortgage

crystaltips_68

Hello from a newbie!:wave:

I am thinking that now is a good time to find a new fixed mortgage, with interest rates being so low! I need to find a self cert, fixed for 5 years mortgage for a house worth 170K and a mortgage of 100K.

Any ideas where to look or who to ask??

Thank you!:beer:

Cazza

An independent mortgage adviser will be well worth your while talking to. Why do you ned to self cert? Can you give anymore details about your circumstances?

crystaltips_68

Hi Cazza,

I am a self employed health practitioner, with a growing business, but i am also a single mum of 2 on tax credits. Whilst on these tax credits i have been taking advantage by staying on them and ploughing money back into my business to establish premises, good furniture and equipment etc, and i am now at the point where my business is just about to flourish!:D Therefore my 3 years of accounts wouldnt be good. I also get maintenance from my ex.

gizmo111

crystaltips_68 wrote: »

Hi Cazza,

I am a self employed health practitioner, with a growing business, but i am also a single mum of 2 on tax credits. Whilst on these tax credits i have been taking advantage by staying on them and ploughing money back into my business to establish premises, good furniture and equipment etc, and i am now at the point where my business is just about to flourish!:D Therefore my 3 years of accounts wouldnt be good. I also get maintenance from my ex.

Abbey and C&G take tax credits into account.

crystaltips_68

Thanks Gismo!:j

herbiesjp

You may not need a self cert mortgage.

Plenty lenders will take into account your NET profits but also the tax credits etc, and maintenance when looking to agree the mortgage for you.

You may well then be able to access the better rates as you are under 60%LTV

Get in contact with a whole of market mortgage adviser and let them find something based on the total income you have available

crystaltips_68

Thanks Herbie, i'll do that!:T