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What is a self certified remortgage?
This type of deal has gained popularity in recent years with freelancers, commission workers and anyone who is unable or unwilling to prove their income. Although self certification usually results in higher interest rates (due to the increased risk to the lender) we can still find the best value deals on the market. When you apply for a self certified remortgage you don’t need to provide payslips, account details or other financial documents – you simply sign a declaration that you are able to afford the repayments. However, it’s important to make sure that you don’t borrow more than you can afford to repay. Visit our calculator page to find out how much you can borrow.
More self certified remortgage advice…
Remortgaging can be a great way to find more flexible deals, better rates and different repayment methods. If you already have a self certified mortgage, you may simply want to increase the size of your loan. If this is your first time taking out a self certification deal you should bear in mind that rates may be higher than standard mortgage offers.
Find self certified remortgage advice with First Mortgage
Call us on 0845 603 1525 for more self certified remortgage advice. We are happy to discuss your situation and help you choose the best option.
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