Woolwich mortgage products for up to 95% LTV help first-time buyers.
With a wide range of Woolwich mortgage products on offer for up to 95 per cent LTV, many more first time buyers can now afford to climb on to the property ladder.
The Woolwich advise that first time buyer mortgage applications are accepted from both joint or sole borrowers who wish to purchase a home. Also to help more first timers attain their home buying dream, more flexible Woolwich mortgage deposit options are being offered.
The Woolwich are prepared to accept gifted deposits, undervalued purchases from relatives and dependent relative mortgages options. A first time buyer mortgage arrangement fee will be charged but this can be added to the loan amount. However it is important for first time buyers to realise that any fees added to the loan will accrue interest at the mortgage rate.
The Woolwich offer a range of Barclays Loyalty mortgages and pre-approved mortgage limits, but these are only available to Barclay's current account customers who have had an account with the bank for a minimum of 6 months.
The Woolwich offer first time deals for up to 85 per cent LTV for new build flats and houses, and 95 per cent LTV for older properties.
All Woolwich mortgage products for first time buyers are subject to availability, therefore if you are looking to buy contact Deal Direct soon and we will negotiate a fantastic mortgage deal on your behalf.
Deal Direct are 'whole of market' brokers who can source a deal from any UK lender not just the Woolwich. Contact one of our skilled brokers today and we can compare the market for you.
