Since the financial crisis, mortgage lenders now insist on a minimum deposit of 10% of the property value. Some mortgage lenders previously offered 100% of the purchase price or valuation (whichever is lower), although these are now obsolete. A handful of 95% mortgages are still available, but they will involve parents, e.g. they have to be a guarantor or hand all their savings over the lender.
The deposit in a Mortgage
Since the financial crisis, mortgage lenders now insist on a minimum deposit of 10% of the property value. Some mortgage lenders previously offered 100% of the purchase price or valuation (whichever is lower), although these are now obsolete. A handful of 95% mortgages are still available, but they will involve parents, e.g. they have to be a guarantor or hand all their savings over the lender.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
The climate in Tbilisi ranges from humid and subtropical to mild and continental, although the evenings can be chilly throughout the year. I...
-
Prague Castle Gardens Gardens were founded in 1534. Nice view of Prague Castle, quiet place for refresh. There are these gardens: The Royal ...
-
The long distance view of the water falls diverted the tourist's attraction from the monkeys. She reaches here after travelling many kil...
-
Its a miniature museum of ancient goan village life.The chief attraction of this open air museum is the "Legend of the Big Foot"....
-
North Cyprus enjoys what has come to be known as typical Mediterranean weather. This is normally characterized by long dry summers which las...
-
Fertility-preserving options for women Protection of the ovaries from radiation therapy. For women receiving radiation therapy to the pelv...
-
The original plan of the town was laid out by the Lusignans, but when the Venetians took over in 1489 they completely renovated the enclosi...
-
The hermetic kingdom of Bhutan, which has a population of just 700,000, is regarded with reverence by discerning travellers in search of spi...
-
Once certain limitations are overcome - and that day seems to be rapidly approaching - the uses of cardiac MRI will greatly increase. M...
-
Hasedera Temple is located in the mountains east of the Asuka region. The temple was founded in 686, and now serves as the head temple of th...
No comments:
Post a Comment