Mortgage lenders which are not accessed by IFA's/Mortgage advisors ??

haisharif

Hi,

Can you please give me a list of all the Mortgage lenders which are not accessed by IFA's/Mortgage advisors ??

Also which lenders have most tough underwriters for mortgage and which are the most easy underwriters.

Thanks

_Andy_

Some - HSBC, First Direct, Post Office.
When you say 'tough', what issues are you concerned about?

Conrad

post office
one account
hsbc
co-op
first direct
most Irish Banks lending in the UK
small regional building societies - can usually only be accessed by local brokers

Of course they all have very strict underwriting.

No lenders have easy underwriters as such. Some that charge high rates can take a modicum of risk, but all are bound by the FSA rules - to lend responsibly.

There are some lenders charging high rates that specialise in specialist lending such as developent, but the rates will be 7 - 18% depending on the risk.

koexelek

The list seems to be growing by the day

payless

throw in the lenders that have difference pricing for different channels .... and thats nearly them all..

haisharif

_Andy_ wrote: »

Some - HSBC, First Direct, Post Office.
When you say 'tough', what issues are you concerned about?

Its a new build house and few of the lenders require high deposit such as HSBC which has max LTV as 75 % for new build house. Even with 75 % they are not sure whether they will lend the money. They might ask for 30 - 40 % deposit depending on the applicant and his situation.

_Andy_

So to be more specific, what deposit do you actually have?

haisharif

32 Thousand which is 15 % of the property.

_Andy_

Your thread would have been better titled 'which lenders will do 85% LTV on a new build?'