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.
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