100% Mortgage
100% Mortgages
A 100% mortgage is where the loan amount is equal to the purchase price of your new home, therefore no deposit is required. This can be useful for first time buyers, but consideration must be given to interest rates as a large increase in the lending rate could result in a drop in your property's value resulting in negative equity.
We can consider requests for 100% mortgages from people with bad debt and poor credit.
For more information on 100% bad credit remortgages or to apply for a 100% mortgage please follow the link - 100% Mortgages >
- Your home may be repossessed if you do not keep up repayments on your mortgage.
- Changes in the exchange rate may increase the sterling equivalent of your debt.
- The FSA do not regulate certain mortgages.
- The advice and/or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.