jm79 Posted December 17, 2012 Share Posted December 17, 2012 Has anyone come across any lenders with a good rate for a 90% LVR mortgage recently? Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted December 17, 2012 Share Posted December 17, 2012 See http://www.moneysupermarket.com/mortgages/ Under 'FTB/Low Deposit', it lists several offering 90% LTV [Loan-To-Value ratio, which is probably what you meant]. Link to comment Share on other sites More sharing options...
mogwai84 Posted December 17, 2012 Share Posted December 17, 2012 Has anyone come across any lenders with a good rate for a 90% LVR mortgage recently? I'd strongly recommend you speak to a (full market) mortgage broker/advisor. They'll know the market and you don't pay for them (the lender will provide them with a commission) and the rate you pay is as advertised, so it's win-win. They'll also help with all the forms and stuff and are often able to lean on lenders a little bit. Ours is based down south but he was fantastic. We got our 90% LTV mortgage with Santander. Link to comment Share on other sites More sharing options...
jm79 Posted December 17, 2012 Author Share Posted December 17, 2012 See http://www.moneysupermarket.com/mortgages/ Under 'FTB/Low Deposit', it lists several offering 90% LTV [Loan-To-Value ratio, which is probably what you meant]. Sorry, - LTV - thats what I meant Ive looked on Money Supermarket (and similar sites) but I am aware that online comparison sites dont always list everyone's products. Ive got a broker looking for me as well, but in the meantime, was wondering if anyone came across any good deals that might not also be visible to brokers, etc (Ive heard that some arent and you have to go direct). Link to comment Share on other sites More sharing options...
-MG- Posted December 17, 2012 Share Posted December 17, 2012 First Direct are usually very competitive .............. by the way i'm not an employee! Link to comment Share on other sites More sharing options...
More4loans Posted December 18, 2012 Share Posted December 18, 2012 If you're using a 'whole of market' mortgage broker they've got access to every product available to intermediaries and should offer you a choice of the best deals. Mortgage brokers can either be paid a commission from the lender or charge you a broker fee but will have to tell you in a KFI (Key Facts Illustration) they provide you with (a sort of quote if you like). Some brokers charge broker fees up front and before they do any work for you. I would avoid these as any broker worth their salt will be happy to do the work, then get paid. You're right about comparison sites they only list the products and lenders that want to enter into a joint advertising venture with the comparison site. Link to comment Share on other sites More sharing options...
foxwater Posted December 18, 2012 Share Posted December 18, 2012 I'd second the speaking to someone who knows what they are talking about as it can be an absolute mind field!! I'm not sure what is currently available but if you go for a tracker make sure it is a lifetime tracker so you are not tied in and can move it when the bank of england base rate goes up! If you don't want to take the gamble go for a longer term fixed rate approx 5 years. Don't be put off by a fee if it is a low rate, just make sure you do your maths to see if the fee is worth while paying. Oh and if your in unison don't forget you can get cheaper conveyancing and mortgage offers are available. Good luck, and happy hunting x Link to comment Share on other sites More sharing options...
bigmanols Posted December 18, 2012 Share Posted December 18, 2012 First Direct are usually very competitive .............. by the way i'm not an employee! I have had a 90% LTV mortgage with first direct accepted last week, they have competitive rates but also you can make unlimited overpayments. This can reduce the time you pay back the mortgage and interest you will pay drastically. Link to comment Share on other sites More sharing options...
Kaye2812 Posted December 19, 2012 Share Posted December 19, 2012 The fsa offer comparison tables here: http://pluto.moneyadviceservice.org.uk/Mortgages/Compare This should produce a list of all mortgages available to you and how to access them, i.e whether they are direct only, online products etc. Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted December 19, 2012 Share Posted December 19, 2012 That's the 'Money Advice Service'. Is it the same thing as- or an offshoot from- the FSA? Link to comment Share on other sites More sharing options...
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