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Advice needed - 85% LTV on New Build
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tiggerroo1301
Posts: 23 Forumite
My husband and I have a 10% deposit saved and the developers are offering us a 5% gifted deposit on a £180,000 new build property, giving is a LTV of 85%.
Can anyone suggest where we might be able to get a mortgage for this property? My existing lender will not accept a gifted deposit as part of the 15% deposit.
Can anyone suggest where we might be able to get a mortgage for this property? My existing lender will not accept a gifted deposit as part of the 15% deposit.
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Anyone????0
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You'll find most lenders are the same!0
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Do the developers/builder not have a recommended financial institution ? I know of a new build where the developer was offering 5% as well but this was tied in to a certain building society.0
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