self cert mortgages

[x 7usc]

anybody here know if there any lenders still doing these as im looking to re-mortgage and i currently have one but the lender im with no longer do them, looking to release a little bit of the equity in the property also
regards
mark

[Soovy]

x 7usc said:

anybody here know if there any lenders still doing these as im looking to re-mortgage and i currently have one but the lender im with no longer do them, looking to release a little bit of the equity in the property also
regards
mark

I'd have said you've more chance of shagging the Queen.

[Eric Mc]

x 7usc said:

anybody here know if there any lenders still doing these as im looking to re-mortgage and i currently have one but the lender im with no longer do them, looking to release a little bit of the equity in the property also
regards
mark

Why do you need to Self Certify?

[scotal]

x 7usc said:

anybody here know if there any lenders still doing these as im looking to re-mortgage and i currently have one but the lender im with no longer do them, looking to release a little bit of the equity in the property also
regards
mark

Noone is currently doing self-cert. If and when they do appear expect them to be at a huge premium to full status lending.
As Eric asks, why can you not prove income?

[Soovy]

scotal said:

x 7usc said:

anybody here know if there any lenders still doing these as im looking to re-mortgage and i currently have one but the lender im with no longer do them, looking to release a little bit of the equity in the property also
regards
mark

Noone is currently doing self-cert. If and when they do appear expect them to be at a huge premium to full status lending.
As Eric asks, why can you not prove income?

I know three people who are in SERIOUS trouble here.

They can't prove their income because they lied about it first time round, and now they're in the sh t

[x 7usc]

cannot prove i can afford a mortgage on paper, which is why i went self cert in the first place, 8 years ago and never missed a payment, i pay myself from my buisness only what i need to get by as im a builder if that makes sense
With the queen being rather old and i dont fancy her i guess ill have to stick with the lender i have
thanks for the replys to a question i kind of already new what the answer would be

[Soovy]

anonymous said:

[redacted]

This.


Beware your sins will find you out.

[bonsai]

I guess the trouble you're experiencing now is a sort of flip-side of getting away with paying the absolute minimum amount of tax you could get away with.

[Soovy]

The only advice I can offer is STAY PUT and KEEP PAYING.

DO NOT change ANYTHING.


Good luck. I sense you may need it.


If you're planning on missing a payment, then grease yourself up.

Edited by Soovy on Thursday 4th March 21:14