Property
to be Mortgaged

Mortgage lenders base the amount you can borrow on the value of your property.  For borrowers looking for a mortgage on their new home the usual maximum loan is limited to 95% of the property value.  Whereas a buy to let mortgage may be limited to 80% of the value.

Loans up to 100% are available to first time buyers and some other cases.

Unusual properties may also effect the amount that can be borrowed and in some cases only a few lenders will consider the property.  Even so mortgages are available for the following property types :-

• Freehold flats to 95% (Subject to maintenance agreement)
• Flying freeholds to 95% (Subject to maintenance agreement)
• Flats above or alongside business premises to 100% LTV
• Wimpy ‘No Fines’ concrete construction
• 100% Timber construction
• New Build Mortgages
• No valuation required
• Require only builders specification (plot number price & description)
• Will include builders incentives as part of loan i.e. white goods/carpets

For further details please contact us or complete this form.