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new build mortgage
**sde**
Posts: 76 Forumite
does anyone know of a bank that will accept less than a 20% deposit on a new build property.
neither me or my husband are 1st time buyers so we cant
do it that way.
i have allready rung abbey and halifax and they cant, its not essential to our situation but would help a bit....
neither me or my husband are 1st time buyers so we cant
do it that way.
i have allready rung abbey and halifax and they cant, its not essential to our situation but would help a bit....
oops, ive spent to much!
0
Comments
-
Hi,
Try Nationwide, im in the process of applying for a 90% LTV with them on a new build house (not flat). Were not first time buyers either so Abbey couldnt help us but Nationwide were more than happy to help!
Goodluck0 -
Nationwide are fine, though the drawback is that they insist on working from a 2nd hand valuation figure. i.e. If the surveyor says comparable 2nd hand properties are selling for 10 or 20k less locally, its that lower figure that Nationwide will work from (meaning you might need to put down a bigger deposit).0
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