In most cases a lender will take a view as there is obviously a case that income is being earned, problem is proving it.

You will also find that self certification is much quicker as there is no need for an employers or accountants reference.

Even better, rates being charged by mortgage lenders do not even differ to those being charged to individuals who can prove their income.

So question is' what are you waiting for?

Average mortgage amounts • Overall average mortgage amount required was £138,468, a 66% loan to value (LTV) • FTBs were looking for an average mortgage amount of £133,527, a 69% LTV • Those users seeking to re-mortgage their property required an average mortgage amount of £154,905, a 62% LTV

Salaries • The overall average salary of main income earner was £39,448 • An average FTB's salary was £37,001 • Those users looking to re-mortgage had a main income of £43,792 • For two income households, second salary averaged out at £22,626 for FTBs; £23,820 for users looking to re-mortgage.

Ends

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The following information is based on mortgage product search criteria provided by 5,400 randomly selected visitors to Moneynet site for period 01.04.05 – 30.04.05

APV = Average Property Value AMA = Average Mortgage Amount ALV = Average Loan to Value

OVERALL (figures for April) 2005 APV=£208,854 AMA=£138,468 ALV=66% 2004 APV=£196,590 AMA=£130,155 ALV=66% 2003 APV=£185,188 AMA=£120,480 ALV=65%

FIRST TIME BUYERS (figures for April) 2005 APV=£194,961 AMA=£133,527 ALV=69% 2004 APV=£169,640 AMA=£129,458 ALV=76% 2003 APV=£157,270 AMA=£119,256 ALV=76% BUY TO LET (figures for April) 2005 APV=£172,034 AMA=£123,369 ALV=72% 2004 APV=£157,849 AMA=£116,882 ALV=74% 2003 APV=£151,799 AMA=£109,763 ALV=72%

REMORTGAGE (figures for April) 2005 APV=£251,919 AMA=£154,905 ALV=62% 2004 APV=£223,377 AMA=£111,635 ALV=50% 2003 APV=£214,426 AMA=£108,948 ALV=51%

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Moneynet.co.uk offers consumers a wide range of low cost financial products: from mortgages & personal loans; to insurance; credit cards; savings accounts & best-buy fixed rate products. Moneynet.co.uk is an impartial & comprehensive source of information, covering the whole of the personal finance sector.