We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Non. Help to buy 95% mortgages

Suzuka96
Suzuka96 Posts: 51 Forumite
Eighth Anniversary 10 Posts
in Mortgages & endowments
Hi about to sell first rung on ladder and want to buy a bigger property now unfortunately I live on one of the areas where prices have still not reached of that I paid for it and due to a bit of reckless 2nd mortgage taking out have very little equity.

So whilst I have been waiting for credit file to improve I haven't been watching mortgage market much. I have just stated looking again an note that Halifax is showing a 95% mortgage . Is this a general old fashioned 95% mortgage and have the made a comeback to the market or is it linked to help to buy?

Comments

  • amnblog
    amnblog Posts: 12,784 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It makes zero practical difference to you as the borrower anyway but it is not a H2B Guarantee product. They ended last year.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • ACG
    ACG Posts: 24,927 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    A few lenders have normal 95% mortgages.
    I am a Mortgage Adviser
    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.
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Santander still do 'em
    Changing the world, one sarcastic comment at a time.
  • amnblog
    amnblog Posts: 12,784 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Not H2B Guarantee they don't.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • Suzuka96
    Suzuka96 Posts: 51 Forumite
    Eighth Anniversary 10 Posts
    So the answer to my question is 95% mortgages have now returned to the market then.
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    amnblog wrote: »
    Not H2B Guarantee they don't.
    Non-h2b they do
    That's what the OP is looking for.
    Changing the world, one sarcastic comment at a time.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture