Deposits up to 15%!

herbiesjp

They are deals brokers can offer

I cant comment on why they have not been put to you, as I dont know anything about your circumstances - i.e. eligibility may be an issue

Your broker has all your information to hand and I doubt you would want to post all your information on an open board

minimike2

90% Lenders Currently Include:

Abbey
BOI / B&W (first start)
C&G
Coventry
Dunfermaline
Halifax
Ipswitch BS
Leeds BS
Northern Rock
Notthingham BS
RBS
Standard Life
Progressive BS (NI Only)

There may be more, this is just meant as a guide. It doesnt mean you will fit thier criteria either, as herbies has already mentioned.

Sagar_Fuzz

herbiesjp wrote: »

They are deals brokers can offer

I cant comment on why they have not been put to you, as I dont know anything about your circumstances - i.e. eligibility may be an issue

Your broker has all your information to hand and I doubt you would want to post all your information on an open board

Did you see my post above, replying to your questions? I don't understand why we wouldn't be eligible, we aren't anything out of the ordinary and have saved up a good deposit.

herbiesjp

Sagar_Fuzz wrote: »

Did you see my post above, replying to your questions? I don't understand why we wouldn't be eligible, we aren't anything out of the ordinary and have saved up a good deposit.

Like I said

Without knowing your details, I couldnt even guess at why no other lenders have been put to you, or if eligibility plays a part in this

There are defintely plenty to choose from

Is your broker whole of market? Are you paying them a fee?

crazy_guy

The RBS group, Directline, RBS, Natwest are all offering 10% deposit mortgages. I haven't look at these deals in great detail so am unable to comment on whether they are competitive!

Sagar_Fuzz

herbiesjp wrote: »

Like I said

Without knowing your details, I couldnt even guess at why no other lenders have been put to you, or if eligibility plays a part in this

There are defintely plenty to choose from

Is your broker whole of market? Are you paying them a fee?

Hi,

Yes, he is whole of market, and no fee. I have found a Natwest mortgage for 10%, and asked him about it - he seems to thinnk lots of offers are not coming through brokers anymore. I don't know what to think, as there seems to be a lot out there for 10%.

I thought using a broker would mean I wouldn't have to search so much for myself, but it seems I can't rely on him as I'd like.

herbiesjp

It doesn't sound like the guy you are using is doing you any favours

Sounds like you need a second opinion

Find yourself another fee free whole of market mortgage adviser and see what they can come up with.

I would definitely get your skates on though, who knows how many 90% lenders there will be in the future

devon_guy

I have just had to go to my mortgage company to get my offer extended as things haven't completed in time and they will extend but on the proviso that my deposit is doubled as my original product is no longer available. Ouch!

minimike2

crazy_guy wrote: »

The RBS group, Directline, RBS, Natwest are all offering 10% deposit mortgages. I haven't look at these deals in great detail so am unable to comment on whether they are competitive!

Who is to say what is competitive when there is next to no competition.....


I recently arranged a 90% deal with RBS. 5yr fixed 6.79% £999 fee.

Is that "competitive"? Since it was the only product available to the client, I would say it was as it had no competition. It all comes down to what someone is willing to pay to get the product they need.

herbiesjp

minimike2 wrote: »

Who is to say what is competitive when there is next to no competition.....


I recently arranged a 90% deal with RBS. 5yr fixed 6.79% £999 fee.

And that rate has now gone as well