09/05/2023
***GREAT NEWS AT LAST***
100% mortgages are now live!
What is a 100% mortgage?
A 100% mortgage is when you borrow the entire value of the home you want to buy. Most mortgages require you to put down at least a 5% deposit. But a 100% mortgage means you don’t need to pay any money upfront to get a home.
Who can apply for this mortgage?
You might be eligible for this mortgage if:
- Each applicant is a first-time buyer
- Each applicant is aged 21 or over
- You have less than a 5% deposit
- Each applicant has no missed payments on debts / credit commitments (e.g. mobile phone bill) over the last 6 months
- You want to borrow up to £600,000
- You meet the household-to-household criteria
- You're not looking to buy a new build flat
- You have proof of having paid at least 12 months' rent in a row, during the last 18 months
- You must also have experience of paying all household bills (e.g utility bills, council tax etc) for at least 12 months in a row, during the last 18 months.
Contact me today to discuss your eligibility and get on the property ladder sooner than you anticipated.
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