Frequently Asked Questions

Frequently Asked Questions about 100% Mortgages

1. Do I qualify for a 100% mortgage? - You will usually qualify if:

2. Will I have an extended tie in if I take a 100% mortgage? - No. We would never recommend a deal that ties you in after your initial fixed or tracker rate.

3. I am self-employed, Can I get a 100% mortgage? - You may qualify if you have 3 years accounts with a net personal income that will cover the mortgage amount.

4. What is the maximum amount I can borrow? - You can borrow up to 125% of the property purchase/valuation price as long as your income supports your borrowings.

5. Could I borrow more money to consolidate debt? - Yes. A very select few will let you borrow more that the valuation of the property so that you can consolidate your debts.

6. Will I pay a higher lending charge? - Not always. There are deals that come with no higher lending charge however there are a lot of lenders that do charge this fee, we will recommend the best 100% mortgage deal that would best suit your needs.

Give us a call now FREE on 0800 081 1821 to discuss your requirements or fill in our no obligation quote form above.