Self-cert mortgages slip to 2% of market

According to Evaluate Technologies, the mortgages, available to the self-employed, those with an irregular income or people with income from various sources, have dried up leaving the self-employed struggling for mortgages. Evaluate says just 22 fixed rate deals are self-certification mortgages which equates to 2% of all fixed-rate deals available. Variable deals have now been completely withdrawn. A year ago, self-cert packages accounted for 6% of all fixed rate deals and 14% of variable deals. According to Evaluate, borrowers were able to choose between 55 fixed and 105 variable pro...