2nd time buyers and 100% mortgages

M

matc66

Registered User
Messages
25
Hi,

Are 100% mortgages (or as close as) strictly only available to 1st time buyers. I am looking to move home while keeping my current house, basically upgrade. But achieving the amount of cash for a deposit would be difficult in the short term. Yes, I could save for years for it but I wanna move now!

Thanks,
 
I don't think you will get 100% finance. Why do you want to keep your current home? Could you sell/remortgage to raise some cash?
 
Just trying to develop some assets by keeping my old home.
Do you mean remortgage my current home in order to raise the deposit for a new one? Would that further compromise the size of mortgage I could get.
 
In spite of what some people seem to think, Brendan and ClubMan are not the same person.
 
You must log in or register to reply here.
Menu
Log in
Register