Definition of self-certify in English:
verb[with object] British
1.1 (as adjective self-certified) (Of a loan or mortgage) obtained as a result of attesting or confirming one’s financial standing in this way.
- Its practice at that time was to advance a maximum of 80 per cent of the value of the security under a status mortgage, as against 65 per cent for a self-certified mortgage.
- Around 56 per cent of the loans are to buy-to-let customers, with 38 per cent self-certified and the remainder standard mortgages.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in India
Most popular in Pakistan