With the credit crunch forcing lenders to evaluate their loan books and reassess the types of products they offer it would appear sensible to anticipate the demise of the self-certification mortgage However the market for self-certs remains buoyant as lenders have not tightened the reigns as much as expected and as much as they have for other products

There are a growing number of people in our society who choose to work for themselves and are therefore regarded as self-employed Such individuals may be required to apply for specialist self-employed mortgages when buying a home rather than traditional mortgages

The attractiveness of self-certification mortgage products is boosting the overall number of home loan applications in the UK For true self-cert products, the applicant does not need to fully prove their income by way of documentary evidence such as pay slips and tax records

While the overall mortgage market has slowed in the wake of recent interest rate rises, buy-to-let mortgage lending has surged This is a clear indication that buy-to-let property investing has returned to favour following a recent period of uncertainty

People who are discharged bankrupts are usually required to apply for an adverse credit mortgage when searching for a home loan to fund the purchase of their property It is highly unlikely that an applicant with such a poor credit record will ever be able to apply for a standard product again

Remortgages comprise a significant and ever-growing proportion of the overall mortgage market Property owners are always on the lookout for ways to save money, and with remortgages being relatively simple to organise, it has emerged as a popular method for helping home owners restructure their personal finances

There are a growing number of lenders who will consider applications for problem remortgages This is an indication of the growth in the market for home loan applications from borrowers with non-standard credit histories and financial situations over the past few years

Much has been written about the sub prime mortgage crisis in the US and even more has been said Most analysts placed the blame for the implosion in the credit market on the adverse credit mortgage

In recent years, adverse credit remortgages have become a popular choice for people seeking to refinance their property who suffer from impairments to their credit files Regular high-street banks will usually not refinance your property if you have a poor credit history

What a great life it would be if we could predict future interest rates Imagine being able to wait it out on your remortgage until such a time as interest rates dropped by several percentage points, just as you knew it would