Can I still get a 100% mortgage?

Author	Message
Written on: 14.11.2009 [03:10]
Jay Jay Topic creator Posts: 4	I'm a recent graduate who just moved to Birmingham to start a new job. Although I have a steady income for the foreseeable future I have no savings and was planning to get a 100% mortgage. Is this still possible since the crisis?
Written on: 16.11.2009 [06:08]
Abbie Abbie Posts: 8	Although the 100% mortgage slipped off the loan radar for a while, it never died. Now that the banks and lenders are rebooting themselves it's back as long as you are a good candidate. Of course, interest rates and charges are naturally higher because the risk that you won't be able to make repayments is still a real one for the lender: and they don't even have your deposit to soften the blow! Try looking for a good deal on comparison sites, or ask the bank where you have your current account / savings account to make you an offer. Have you tried asking your current banking advisor?
Also very interesting: Putting the mortgage early repayment calculator into practice! Is it really a good idea to compare mortgages online when they're so important? How can I research the very best mortgages online? Where to find an interest rate differential calculator? How can a no credit finance angel be considered bad? In arrears & mortgage lender won't negotiate. Can anyone help? Can I have my Alliance and Leicester interest rate for my mortgage reduced? Is purchasing decreasing term insurance the best way to protect a mortgage? Is there a UK version of creditweb? Can I get a 100% mortgage / self certification mortgage combined?