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Lenders who offer 90% LTV on new build flats

cjv
Posts: 513 Forumite


I am finding it hard to source a comprehensive list of lenders who offer 90% ltv on new build, shared ownership flats. Will my options be severely restricted or are there plenty out there who offer this?
I am thinking it might be better to stretch my finances to put down a 15% deposit, but I would rather keep this money back for emergencies.
Planned purchase is shared ownership of 40-50% full value £187,500
I am thinking it might be better to stretch my finances to put down a 15% deposit, but I would rather keep this money back for emergencies.
Planned purchase is shared ownership of 40-50% full value £187,500
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Comments
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Use a broker.0
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AnotherJoe wrote: »Use a broker.
I have one, I am meeting him at the end of the month.
I just know many brokers browse these forums and I like to do my research... sometimes too much!0 -
Shared ownership new build flat definitely limits the market options. I think I've placed a couple with smaller lenders. Your broker will be best to help you with this.0
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Thanks, I will have a chat with him and see what he says. The only ones I have found online so far are Hanley and Skipton. I may just go with a lower share of the property so that I need a smaller deposit.0
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