The swing of the pendulum in the last two years was far away from the easy solutions available at that time, including self-certification of income, 95% and 100% borrowing, and great flexibility in dealing with credit problems. But there does seem to be some flexibility coming back into the mortgage market. Self-certification of income is still not available but there are lenders who will consider borrowers who have had historical credit problems. For example, one lender will provide borrowing for up to 80% of value and ignore any County
Court Judgements that are over two years old or that have been settled over a year ago. There has also been some improvement in the calculations for how much can be borrowed.
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