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Where as a first time buyer can I get 100% mortgage?

I am interested in buying a home but have no knowledge on where to go. I would require a 100% mortgage or bank loan and need advice on how to go about it.

Asked on Jul 18 2011, House Prices in North Shields | Report content

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  • Unfortunately, at this point in time 100% mortgages do not exist :-(

    Answered on Jul 18 2011, Report content
  • You can get a 90% mortgage, you will be hard pushed to find a lender to offer a 100% mortgage, but I wouldn't say it is a complete impossibility. Do bear in mind that you would pay very high fees for such a mortgage at this time and the interest rate would be higher. It is best to save the 10% deposit.

    Web reference: http://www.mortgages.co.uk/first-time-buyers/100%25_mortg...

    Answered on Jul 19 2011, Report content

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