100% & 100%+ Mortgages
100% mortgages are available allowing you to purchase a property without any deposit at all - you borrow 100% of the purchase price!
In fact some lenders actually offer 100%+ mortgages where you can borrow more than the purchase price (up to 125%), allowing you to consolidate existing credit card or loan debts into the mortgage or to borrow additional funds required to pay stamp duty and legal fees or even to provide the finances to "do up" the property.
As you're borrowing the total current value of the property the lenders perceive you as a higher risk - ie if you defaulted on the mortgage they might not be able to sell the property to get back all the money that they have lent you. Because of this the interest rates and set up fees tend to be a little higher on 100% mortgages. They also require a better credit score.
We have vast experience in arranging 100% mortgages and 100%+ mortgages and will find the most suitable mortgage available to you and with the lowest interest rates and set up fees.
Areas covered include: Wetherby, Tadcaster, Boston Spa, Collingham, Kirk Deighton, Leeds, Harrogate, York...
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