What are the new 100% mortgages deals for first time buyers?

Author	Message
Written on: 08.11.2009 [19:45]
Adrian Adrian Topic creator Posts: 4	How are the banks filling the hole created by 100% mortgages going down the drain? What great mortgages deals for young people and first time buyers are available?
Written on: 15.11.2009 [01:18]
Helen Helen Posts: 5	Actually some lenders still offer 100% mortgages, though the qualification criteria are probably stricter. You may be able to get one if you've got a fair credit record and a steady income. There are always going to be deals for first time buyers: if not the housing market will have real problems. You may have to wait a bit longer before buying though: if you can get a 95% mortgage on a 150,000 property, you'll still need a deposit of 7,500 which may take a while to save! Everyone's circumstances are different though: have you looked around online on the high street yet?
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?