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Good news for first time buyers!

By Lizzy Drewett - 18 December 2020

90% mortgages now available to first time buyers through Flagstone Financial!

Good news for first time buyers! After months of limited choice for first time buyers requiring 90% mortgages, a number of major lenders have now released new products at 90%! This is a welcome boost for first time buyers and mortgage brokers!

What is a 90% mortgage?

A 90% mortgage loan means first time buyers need just 10% of the deposit to buy their first property while allowing you to borrow up to 90% of your home’s value.

Earlier this year, many lenders were limiting the amount they would lend on new mortgages. This meant first time buyers were having to save a 15% deposit and could only borrow 85% of a property’s value.

Flagstone Financial arrange mortgages from the whole of the market so will be able to find you your perfect mortgage.

How much can I borrow?

Find out how much you could borrow with Flagstone Financials’ quick mortgage calculator.

Got more questions?

Get in touch with Flagstone Financial today.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE