10% mortgage availability

Prem22

Hi all, I have 10% deposit unfortunate my last MIP has now expired and the offer is no longer there due to removing all 10% mortgages. 

 Now I’m trying to find who is currently offering 10% mortgages so I can use there affordability calculators but is seems there’s very few. What banks/bs are offering 10% currently? Ty 

bradders1983

Are you a first time buyer?

Prem22

bradders1983 said:

Are you a first time buyer?

Hi. Yes I’m a ftb, I usually pass affordability but obviously things are stricter now. Ty

bradders1983

Barclays offer a 10% FTB product called a springboard mortgage but it is a bit faffy, Google it. Other than that, not sure.

Prem22

bradders1983 said:

Barclays offer a 10% FTB product called a springboard mortgage but it is a bit faffy, Google it. Other than that, not sure.

Thanks, Unfortunately it doesn’t meet my criteria  

fiision2020

HSBC, Nationwide, Bank of Ireland.......to name a few

tk02

We have an application in process with the post office (bank of Ireland) and that’s with a 10% deposit 

Prem22

Thanks all. Seems although 90% mortgages are back up, lending is stricter, BOI only offering 3.5 salary, was looking for 4.5 ty

mangobluemash

tk02 said:

We have an application in process with the post office (bank of Ireland) and that’s with a 10% deposit 

Did you go through a broker to get this or apply directly? On their website they only show products for 85% LTV. Thanks! 

Carl2510

My brother is getting one with BOI through a broker but interest rate isn’t the best think it’s 3.5%

tweeto

Virgin money have just brought back 10% mortgages for FTB only. Minimum 7 year locked in rate & maximum 25 year mortgage term. I believe they start around 3%, but not too sure.