How big a deposit is required with self cert mortgages?
The average lender will require a deposit of 20% of the value of the property. However, with the right self cert mortgages advice it is sometimes possible to negotiate on providing a 10% deposit and borrow 90% of the value of the property. This will depend on your individual circumstances and there are also some situations when you may be able to secure a 100% mortgage. It is always best to discuss the self cert mortgages options with an experienced financial adviser as they often have good contacts within the self cert mortgages business enabling you to secure a better deal.
