Self Certification Remortgage

A self certification re mortgage is a perfect choice for those who have started a new business or cannot otherwise verify their income. A self certification remortgage requires the borrower to have a certain amount of equity in their property, usually at least twenty percent. Equity is the amount your property is worth less the amount that you owe.

Many people are finding that this is an ideal time to remortgage their property. Interest rates across the United Kingdom are at an all time low. People are saving money by switching to a new low rate and, in some cases, paying hundreds of pounds less a month in mortgage payments. About half of all the mortgages made in the United Kingdom today are remortgages.