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Posts Tagged ‘ltv’

High LTV (90%+) mortgages

Sunday, April 19th, 2009

Well we were going to put a high ltv mortgage comparison chart on here, but after going through the data there weren’t enough mortgage lenders to create a chart!

Whats LTV ? – Click here to find out

This is the result of the so called credit crunch (lenders are scared)
So you really DO need a deposit, without a deposit you are going to be struggling to get a mortgage, best advice is to speak with an independent advisor (mortgage broker) to try and get around this problem – think accountancy creativity. Or borrow the deposit off your Aunty or Uncle

The good news is we did find a couple of UK lenders that are giving out mortgages based on high 90% + LTV’s so here they are:-

Woolwich – remortgaging only – 90% LTV – 3.49%

Abbey – mortgages, first time buyer mortgages and remortgages – 95% LTV – 7.09%

Halifax – first time buyer – 90% LTV – 6.99%