There are various lenders offering 95% mortgages. Most will only lend at this loan to value by taking additional security with a charge on a parents property. The following lenders operate on this basis Principality, Aldermore and National Counties.

My preference at the moment is the Monmouthshire Building Society as they offer lending at 95% with no additional parental guarantees. It is available to first time buyers and home movers with a maximum borrowing of £175,000.

As with all Monmouthshire BS mortgage products they only want to lend locally in the following postcodes, NP,CF, SA,LD, WR, GL,HR and BS.

Loans available to persons aged 18 or over and are subject to status and valuation of a suitable property, over which security will be required. All lending will be subject to appraisal of the financial standing of the applicants.

Why use Neil Soundy Financial Services for your mortgage advice.

We will give you impartial advice.

See our client reviews regarding our advice and service

First discussion or meeting is free with no commitment

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

Useful link

Cardiff Council introduced Additional Licensing for rental properties in Cathays from the 1/7/2010.

This will affect all properties that are from 2 bed / 3 let. Their aim is to raise the standard of the properties and landlords. The fee is £600 per property and normally takes 8 weeks to approve.

The unintended consequence of this additional license is the reduction in the number of Buy to Let mortgages available. As soon as HMO is mentioned most lenders decline even though the property maybe a 2 bed with 3 tenants.

BM Solutions will lend on HMO but only to professionals. Post Office decline. Coventry decline, Accord decline, Northern Rock decline, Natwest decline, Halifax decline, C&G decline.

The following will lend at present. Leeds BS / Monmouthshire BS / Paragon / The Mortgage Works / Kent Reliance / Yorkshire Bank.

Deposits are from 20%

The lending criteria can change at any time, please contact me for the most up to date criteria.

On the plus side, when I have dealt with HMO department (tel 02920 871 762) they have always been very helpful.

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

Useful link

Read the full story at TheTimes.co.uk

Why use Neil Soundy Financial for advice on your mortgage in Cardiff?

We will give you expert impartial advice on the mortgage market.

How Much Will It Cost Me For Your Advice?

A fee of £495 is payable on completion of the mortgage and Neil Soundy Financial Services Ltd will keep the commission received from the lender for arranging the mortgage.

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.

The Financial Conduct Authority does not regulate some forms of buy-to-lets.

We do not give or imply legal or taxation advice. We recommend you contact a solicitor or accountant for advice in these areas.

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

Read the full story at Telegraph.co.uk.

Why use Neil Soundy Financial for advice on your mortgage in Cardiff?

We will give you expert impartial advice on the mortgage market.

How Much Will It Cost Me For Your Advice?

A fee of £495 is payable on completion of the mortgage and Neil Soundy Financial Services Ltd will keep the commission received from the lender for arranging the mortgage.

Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.

The Financial Conduct Authority does not regulate some forms of buy-to-lets.

We do not give or imply legal or taxation advice. We recommend you contact a solicitor or accountant for advice in these areas.

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

Read the full story at Guardian.co.uk.

Why use Neil Soundy Financial for advice on your mortgage in Cardiff?

We will give you expert impartial advice on the mortgage market.

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

Read the full story at Telegraph.co.uk.

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