100% Mortgage
-Most lenders have now withdrawn from the 100% mortgage market making it difficult for first time buyers to get on the property ladder. However we may still able to arrange a 100% mortgage for a first time buyer whose parent is happy to go on the mortgage with them
Gifted Deposit - If you are
buying a property from someone who is letting
you have it for less than the market value,
you can use this as your deposit. This means
you do not have to put down any deposit yourself.
For example. If your mum, dad, brother, sister,
or even cousin is selling a house for £100,000
but they have agreed to let you buy it for £95,000,
then you have a 5% deposit built in. There are
numerous lenders who will do this for family
members, and a few that will allow this for
non family members.
If you would like more information why not
call us now for a free chat with one of our
friendly, qualified advisers.
|
