Mansfield mortgage launched for 95 % LTV.

A new Mansfield mortgage has recently been launched for 95 % LTV, however you had better be quick to fix a deal as the offer is available for a limited time only.

 

Some lenders have recently begun to withdrawn their 95% mortgage products and while some product withdrawals may be temporary availability has been affected. The reason for various lenders withdrawing products was due to over subscription leading up to the end of the stamp duty holiday last month.

 

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If you are interested in a Mansfield mortgage and need a 95% LTV deal, then contact us at Deal Direct. We source mortgage deals from the whole of the mortgage market and can access the most competitive deal for you. We can help find a great deal specifically tailored to your needs despite the tightening of LTV levels.

 

According to the Council of Mortgage Lenders, in 2007 up to 17 per cent of mortgages were based at 95 per cent, where as only 6 per cent were this type of deal throughout 2011. There may now be a reduction in the standard 95% LTV products on the mortgage market, but there are alternatives, such as the Government's NewBuy scheme which may be suitable for you.

 

Whether you are interested in a Mansfield mortgage or a NewBuy deal contact us at Deal Direct for expert impartial advice on how to get an outstanding mortgage offer.

 

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Article published: Tuesday, April 24, 2012
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