95% Mortgages

mummy2aimee

Which banks are still doing 95% mortgages? Thanks

grogdog

halifax, bm solutions, but rate will be 7-7.5%

luckyfool

mummy2aimee - You might be better sorting out the product transfer with Halifax and getting a rate locked down at 85-90% which will be relatively attractive. You can then look at a further advance with Halifax to sort out your debt consolidation, and if that isnt available then maybe a secured loan with another lender (though likely to be expensive).

bigbloke45

Nationwide are still doing 95% loans.

You need to contact them direct as they are not offering them via mortgage brokers. Try this;


http://www.nationwide.co.uk/mortgage/default.htm

koexelek

Royal Bank of Scotland as well.

High fees and interest rates though

luckyfool

bigbloke45 wrote: »

Nationwide are still doing 95% loans.

You need to contact them direct as they are not offering them via mortgage brokers. Try this;


http://www.nationwide.co.uk/mortgage/default.htm

Not available to the OP as she is looking to remortgage and capital raise. Nationwide will not go to 95% or even 90% in those circumstances.

mummy2aimee

At the moment my loan is at a rate of about 6.9%, I might need to see if i can extend the term of the loan to about 10 years then i can get a mortgage with a lower ltv since i wont be adding my personal loan onto the mortgage.

Thanks for the responses