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Are 100% mortgages available again?

Posted on 30 January 2013 by Vicky


Are 100% mortgages available again?

I am not a first time buyer but recently split from partner, sold property, in rented but have no substantial mortgage. I've heard 100% mortgages are back-is this true and would I be eligible?

Vicky,

At the moment the only 100% mortgage is reliant upon you having a family member who can have a charge placed on their property.

However 95% is a little more widely available, you don't have to be a first time buyer and there are some fairly good deals to be had. Without knowing your exact situation, I can't be anymore specific, but it may be worth having an initial discussion with one of our consultants to get a better idea of what your options may be. If you'd like to do so, please let me know and I'll arrange a convenient time for one of them to contact you.

Regards,

Simon

simon.collins@johncharcol.co.uk

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