THIS MORTGAGE GIVES THE ABILITY MOVE HOME WITH JUST A 5% DEPOSIT.
The Saffron Building Society has launched today a 95% mortgage designed for home movers who have little equity in their existing home.
The basic lending criteria is :
1) Interest rate of 5.99% (apr 6.1%)
2) Fixed until 31/08/2016
3) Only a 5% deposit is required
4) Open to home movers
5) £495 arrangement fee
6) House purchase up to £500,000
7) Penalty free
The great feature of this mortgage is that it is penalty free. This means that you can remortgage to a better rate as soon as you have 10% equity in the new property.
Contact us today for a free no obligation initial discussion or meeting to see it this is the right mortgage for your circumstances.
Why use Neil Soundy Financial Services for your mortgage advice in Cardiff.
We offer at least twice the choice of mortgages compared to a standard mortgage broker. View the video on our homepage that explains how we are different.
For independent client reviews go to our testimonial page
We will give you independent impartial advice on every mortgage from every lender.
Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage
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We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.