100% Mortgage

wow irishlinks, thanks for all that advice! thats great!

We have also been presented with fixed rate options based on borrowing €400-450k and 100% value:

2 year fixed rate, currently 5.10%

3 year fixed rate, currently 5.23%

5 year fixed rate, currently 5.43%

Can anyone comment if these seem to be competitive or not?

What rate does the mortgage divert on completion of the term?

can

arcspace said:

What rate does the mortgage divert on completion of the term?

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There's no fixed answer to that-it depends on your lender and the terms of their offer.

In relation to all those lenders, will any of them give a 100% mortgage to a second time buyer (1st time on their own) who is a young professional, meeting the €45000+ salary

maison said:

In relation to all those lenders, will any of them give a 100% mortgage to a second time buyer (1st time on their own) who is a young professional, meeting the €45000+ salary

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Disclosure - I work for a mortgage broker

there have been circumstances where certian lenders have given 100% to certain professionals who are second time buyers.

Though be warned it is not a published part of their criteria and is done totally as an exception.

Also considering the markets at the moment, it is less likely to occur today than it has been in the past.