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FTB 10% Deposit On New Build
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fuzzyparrot48
Posts: 1 Newbie
Hi All
my first post here.. I am a first time buyer looking to purchase a new build property.
Unfortunately, I have only a 10% deposit!
The property I am looking at is not part of any government schemes.
Does anyone know of any lenders who would offer a 90% LTV mortgage to me?
Best
Nick
my first post here.. I am a first time buyer looking to purchase a new build property.
Unfortunately, I have only a 10% deposit!
The property I am looking at is not part of any government schemes.
Does anyone know of any lenders who would offer a 90% LTV mortgage to me?
Best
Nick
0
Comments
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fuzzyparrot48 wrote: »Hi All
my first post here.. I am a first time buyer looking to purchase a new build property.
Unfortunately, I have only a 10% deposit!
The property I am looking at is not part of any government schemes.
Does anyone know of any lenders who would offer a 90% LTV mortgage to me?
Best
Nick
Your best bet it to engage a broker.0 -
The ones out there aren't household names, so appoint an experienced broker to put together a list of options for you.
If you are buying from a bigger builder, Halifax will lend upto 90% on standard products, then upto 95% on HTB - Mortgage Guarantee, through its newbuild panel brokers.
http://www.halifax-intermediaries.co.uk/products/mortgages/help_to_buy.aspxI am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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