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self certification mortgages

do these still exist? who are they suitable for? who does them?
Thanks

Comments

  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    No
    No one
    No one
    Not at all
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Why can't you prove your income?
  • dunstonh
    dunstonh Posts: 120,390 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Because a great quantity of mortgages arranged during the credit boom were fraudulent, the self cert mortgage became known as the liar loan. In these days of sensible lending, self cert has gone. A shame for those with valid reasons for using it but they were not the majority.

    Any reason you are unable to prove your income?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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