New Build with 10% deposit

itwasalladream

Hi,
Just after some advice on whether anyone knows any mortgage providers that accept a 10% deposit on new builds?

I have a default from 5 years ago that has been fully satisfied and also some payday loans on my file from the same time, which probably narrows the search a bit more!

We've looked at Leeds building society, does anyone have any experience of these with adverse credit?

Thanks

csgohan4

any particular reason for new builds??? they are more expensive and smaller

itwasalladream

Yes they can be, but we like this one! it's just an option we're looking into at the minute

kingstreet

There are a small number of lenders who will lend upto 90% on a newbuild house, fewer on a flat.

Leeds has published criteria on what adverse it will accept (max amount, registration and satisfaction date etc).

You need to a broker if you want comparisons.

itwasalladream

Thanks for you reply! I'll take a look at the criteria and speak to a broker too.