Optimistic News For First-Time Buyers As Banks Resume 90% LTV Mortgage Deals
First-time buyers can now purchase their first home with just 10% deposit.
13 July 2020
After a long wait, banks are starting to offer 90% LTV mortgages again.
This means that first-time buyers can now purchase their first home with only 10% deposit.
There are several factors that must be taken into consideration, but still, these are excellent news.
If you fit into the banks criteria, your chances of getting a mortgage approved, are definitely much higher than one month ago.
If you’re planning on buying your first home and you were waiting for the banks to reintroduce 90% LTV mortgages, get in touch with us for free initial mortgage advice.
*Your home may be repossessed if you do not keep up with repayments on your mortgage.
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