High LTV (90%+) mortgages
Sunday, April 19th, 2009Well 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%