Self-certified loans may be coming to an end

22nd December 2017

Mortgage borrowers who managed to get a type of loan banned in the UK could be the last to benefit from such flexibility. Self-certified mortgages were attractive to those who found it hard to obtain finance from high street providers. When Selfcert.co.uk managed to obtain a lending licence in the Czech Republic, it received 4,000 applications and approved 280 loans. However founder Graeme Wingate says that despite the popularity of his service, the uncertainty over Brexit meant there were no plans to offer more loans.

The Times (15/12/2017)