Non Status Mortgage UK

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Non status is a term that is generally used by brokers and lenders for people that cannot easily prove their income or receive money from a variety of sources. Many high street lenders perceive these types of mortgages as higher risk and therefore will not lend to people that fall into this category.

Thankfully in the UK, there are a relatively large number of lenders and products that are tailored to the non status situation in the UK. These deals involve higher rates than standard prime mortgages, however there are a lot of products and the area is becoming increasingly competitive (ask for a personalised illustration). People such as unsalaried directors and contract workers may well have a good income but they will not have the standard means of proving it (for example payslips). In time these people can build up a good credit profile and so they are valued by certain lenders.

If you cannot prove all of your income, or if you are self employed and cannot provide three years accounts, then a non status, or "self certification" mortgage may be a viable option for you. Indeed, even if you are a seasonal worker; earn a lot of overtime; have several jobs or have property incomes, a self cert deal could be the way forward for you.

It is well worth talking to experts with specialist knowledge of this area before you proceed with your mortgage. At Fee-Saver Mortgages we have considerable experience in the non-status mortgage market and our advisers will be happy to see if a non status mortgage is the most suitable way for you to secure a mortgage.

Our qualified advisers will be happy to talk through your requirements with you... Call us now on 0800 0435760 or fill out this online form