100% Mortgages
100% and 130% mortgages are generally available to applicants with a good credit history. However, we now have a 100% mortgage available to people with satisfied CCJs at a low interest rate of 7.43%.
These types of mortgage can be arranged in 2 ways : a traditional mortgage, or a combination of a mortgage and a secured loan.
100% mortgages can be useful if you do not have a deposit, or have negative equity in your present home; 130% mortgages may be a good option if you require extra cash for such things as furniture or redecoration.
|