100% Mortgage Deals – Do you have a Limited Deposit?
Higher Loan to Value (LTV) mortgage deals are slowly creeping back into the market, but are still hard to come by.
Simply put, the less deposit you have the higher the interest rate and the more stringent the credit requirements.
There are 100% (i.e. no deposit) mortgage deals available, but they generally require a guarantor. Without a guarantor you will normally need a 5% deposit. If you don’t have a deposit there are routes available to raise the additional funds.
Please don’t hesitate to contact us for free, friendly mortgage advice with no obligation and we can talk you through the various options.