100% Mortgages

Mortgages can be arranged for 100% of the purchase price (subject to circumstances) This is usually requested from borrowers without a deposit. (Usually first time buyers) Sometimes it is possible to borrow more than the purchase price, up to 130%.

These mortgages normally have higher rates of interest and higher fees due to the risk of no or little equity if the lender was forced to repossess and sell the property.

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