Contact mortgage broker, Deal Direct, to source small deposit mortgages.
Mortgage broker, Deal Direct, can assist you to find a mortgage that works for you, even if you have a small deposit of 15% or less.
According to market analysts, small deposit buyers and movers make up a significant part of the market and lenders have responded by reviewing their ranges.
Housing aspirations are being supported by the market’s record-low interest rates, and lenders are doing their bit by offering a number of different incentives, including discounts, cashback and longer fixed-term products. These incentives are designed to help would-be home owners to take their first step on to the property ladder, counter-acting the influence of rising inflation and giving first-time buyers cash in their pockets when they most need it.
As an independent mortgage broker, Deal Direct work with lenders from all over the UK. Consulting with one of our professional advisers could prove to be extremely advantageous when it comes to securing a mortgage offer that represents the best possible value.
Despite the record-low interest rates being offered by mortgage lenders at the moment, it could be argued that it’s still a very challenging time, especially for those with small deposits, to secure a loan to buy a home.
Working with Deal Direct could significantly increase the possibility of securing a low deposit mortgage that is not only affordable but offers levels of either short-term flexibility or long-term security.
To discuss your mortgage requirements in further detail, contact one of our expert advisers today.