Trusted Mortgage Advice | Neil Soundy Financial Services - 95% MORTGAGE. HELP FOR FIRST TIME BUYERS.

95% MORTGAGE. HELP FOR FIRST TIME BUYERS.

I have researched the current availability of 95% mortgages that do not require additional security of a linked savings account or charge on a parent’s property.

The lenders that accept just a 5% deposit are:

Monmouthshire Building Society

Leeds Building Society

Newcastle Building Society

Yorkshire Bank.

This is a volatile area of lending with rates and lenders changing on a regular basis. 

As with high loan to value mortgages you are penalised by paying a premium rate and offered a very limited choice of products. The Monmouth only offers a 5 year fixed rate. Maybe not the best idea if you need to keep your options open for career progression.

Unusually The Newcastle offer a 95% remortgage as long any additional funds are for home improvements only, no debt consolidation allowed.

Why use Neil Soundy Financial Services as your mortgage broker?

We give advice on all lenders and all mortgages.

View the video on our homepage that explains how we can offer at least twice the choice of mortgages compared to a standard mortgage broker.

 

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage

https://www.moneyadviceservice.org.uk/en/articles/choosing-a-mortgage-shop-around-or-get-advice

Request Call Back

We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.

Neil Soundy Financial Services Ltd
66 Albany Road, Cardiff CF24 3RR

Tel: 02921 159 466 | 020 3011 0662

Website by Ballyhoo

© Neil Soundy Financial Services Ltd 2017-2019