95% Mortgages Start Tomorrow Don't Miss Out !
Great news for first time buyers as the first lender to come to the market with a 95% Mortgage will launch tomorrow. It is unsure what the terms are as yet however is appears to be exclusively for first time buyers and purchases.
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A new mortgage guarantee scheme to help people with small deposits as low as 5% get on the property ladder has been announced in todays budget and is a welcome sight to all those that have been waiting to move.
The government will offer incentives to lenders, bringing back 95% mortgages which have all but diminished over the last year.
This is great news for anyone trying to get on to the property ladder for the first time.
The new scheme is not restricted to first-time buyers or new-build homes, but there will be a £600,000 limit.
Get in touch soon to make sure you don’t miss out > HERE