To apply for a self employed remortgage in this instance you will need what is known as a ‘Self Certification Remortgage’ (commonly referred to as a ‘self cert remortgage’; So instead of providing pay slips in the traditional way you will need to provide a declaration to the lender that confirms your income. The lender is then able to assess whether you can afford the repayments for the self employed remortgage you require. Your lender may still want to check with your accountant to make sure you can afford the remortgage repayments.

If you are self-employed and have struggled to get credit, especially if you have just started out in self employment; this is usually because you will have difficulty proving a regular income.

Because self-employed earnings can go up and down quite dramatically during the course of a year or even a few months, it is easy to fall into arrears on certain debts (like a remortgage) and, as a result of this you could end up with a poor credit history.

firstaidmortgages.com are prepared to listen to you if you are self employed and have had problems getting credit or managing debt in the past. We have a range of self employed remortgage deals on offer to suit your needs, and because we are specialists in providing self employed remortgages to the self employed means we understand the difficulties faced by the self employed, which is why we can often accept mortgage applications from you even when you may have been refused credit elsewhere.