90% Mortgage For New Build

MF2015

Hi, I'm looking for a 90% mortgage for a residential new build, does anyone know who is currently offering them?

We are not first time buyers so can't use any of those deals.

Thanks.

kingstreet

Which builder?

MF2015

It's Weston Homes.

holly_hobby

Highest I know of is 85% with Nationwide (compared to 80% Halifax)

Hope this helps

Holly

MF2015

Thanks Holly.

I know the LLoyds group have started doing them but only for Barratts, Persimmon Homes and Taylor Wimpey, not much help to me as we are looking at buying from Weston.

Might have to just bite the bullet and go with 85%.

GMS

Halifax have just announced 90% new build lending but only on properties built by Barratts, Persimmon Homes and Taylor Wimpey

Suspect this is where Kingstreet was heading towards.

Unfortunately not good for you.

MF2015

Thanks GSM, guess I'll have to dig a bit deeper and stump up the 85%.

showders

Skipton will, high rate though

MF2015

showders wrote: »

Skipton will, high rate though

Thanks, I'll have a look.

horngkai

whats the reason specific builders get to have higher LTV?

kingstreet

GMS wrote: »

Halifax have just announced 90% new build lending but only on properties built by Barratts, Persimmon Homes and Taylor Wimpey

Suspect this is where Kingstreet was heading towards.

Unfortunately not good for you.

Yep. Spot on.