Self Certification Remortgage UK
Self Certification Remortgage UK - Do Not Believe The Hype
First things first - don't believe the hype. There have been major problems in the UK mortgage market, but you can still get hold of a self certification remortgage UK. Lenders have gone to the wall and mortgage rates have gone up, but your home might still be worth a fortune and you may still be exactly the sort of borrower a self certification remortgage UK lender is looking for.
The national newspapers love printing stories that tell of people stuck with unmanageable mortgages, those unable to get a self certification remortgage UK that is affordable, homeowners kicked out of their homes and first-time buyers stuck in renting limbo. Of course the press is not lying, there are people in serious trouble all over the country. But it is a tiny minority - if you have had a successful self cert deal for a few years there is no way you will lose your home or get stuck on a standard variable rate. Recent statistics from the Council of Mortgage Lenders revealed that there were 75,000 remortgages in June 2008 alone* - and many of them will have been self certification remortgage UK.
There are no articles highlighting the three quarters of a million Brits successfully remortgaging, and there are no articles about all the non status borrowers finding self certification remortgage UK loans all around the country. But these facts are more true than the twisted and rehashed figures that are printed to scare us every day. So if you are shopping for a great self certification remortgage UK, shut your newspaper and turn off your TV, because there is no need to worry.
If you cannot prove your income and have had a self cert deal in the past, talk to an adviser about self certification remortgage UK. They will help you search the whole self cert mortgage market to find a deal that fits you and your needs. It might not be as cheap as your last deal and you may not have quite so much flexibility, but you will find a deal that works with your life. So ignore the hype and start planning for a new self certification remortgage UK today. The media can try and scare you all they want, but just know that the reality of the situation is a whole lot better.
* Council of Mortgage Lenders, August 2008
