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Is it possible to get a mortgage with less that 10% deposit?
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Don't worry, they will. And then some more.would_be_FTB wrote: »we can't afford to buy unless prices fall naother 15%Krusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0 -
as a first time buyer you may well be eligible for the own home scheme which provides 100 percent funding for your home.
http://www.ownhome.co.uk/servlet/Satellite?cid=1213946567253&pagename=CFScombi/Page/CFSCtplBlank
look at pros and cons on other parts of the forum.Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron0 -
would_be_FTB wrote: »The problem for us is that although we have over 10% we can't afford to buy unless prices fall naother 15%
or you could always buy something cheaper0 -
The initial question was...
Is it possible to get a mortgage with less than a 10% deposit
So why have we got regulars here stating No when they know fine well there are 95% LTV mortgages out there
5% is less than 10% so the answer to the question is YES
Claire..a whole load for you to look at
http://www.money.co.uk/mortgages/95-mortgages.htm
If you have £5000 saved, you will obviously need another £2500 just to make the deposit.
Yeah but 5 grand is less than 5% of 150 grandHi, we’ve had to remove your signature. The one where you showed us Dithering Dad is a complete liar. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE Forum Team0
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