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E-mail: Mortgage Arrangers |
125% Mortgages and Remortgages.125% mortgages and remortgages are now available. Click Here for a 125% mortgage quote to be emailed back to your PC This means you can now borrow up to 125% of the property value and is available to first time buyers as well as second and subsequent buyers Available to first time buyers, next time buyers or someone wishing to release the equity in their home, by remortgaging, without moving house, the 125% mortgage is now available. 125% remortgaging enables a home owner to consolidate debts, pay off credit card bills, or raise money to help a child with a deposit for their first home. In fact the extra money can be for "any legal purpose". 125% mortgages are particularly useful when property prices are rising faster than the speed at which a deposit can be saved. First time buyers can borrow enough to buy the house, pay the solicitor, stamp duty, and still have enough to decorate or furnish. 125% mortgages are made up of a maximum of 95% secured against the property (a mortgage) and up to 30% (or £30,000, whichever is the lower) as an unsecured loan, but with the same mortgage interest rate applied across both parts. 125% mortgages are available on fixed or variable interest rates, with the flexibility to overpay without penalty The 125% mortgage comes with NO Higher Lending Charge fee to pay. The 125% mortgage has daily interest calculations. 125% mortgage available from the High Streets third largest lender
Main Points Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage
On the negative side
Think carefully before securing other debts against
your home. Your home may be repossessed if you do not keep up repayments
on your mortgage |
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Mortgage Arrangers, Equity House, 225 Hatherley Road, Cheltenham Gloucestershire GL51 6HF
Telephone: 01452 741459
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E-mail: Mortgage Arrangers |