As a first-time buyer, that dream of owning your own home can feel out of reach and saving enough for a hefty deposit can at times seem impossible. But what if you could buy with just a 5% deposit?
New 95% mortgage deals are bringing homeownership within closer reach for first-time buyers. You can climb onto the property ladder, start building equity with a minimum 5% deposit and make your dream home a reality much sooner by benefitting from paying less upfront and keeping more savings intact.
Remember the dangers of debt though, as your monthly payments could rise if interest rates increase, so make sure you can afford repayments now and in the future.
Used wisely, a 95% mortgage allows more first-time buyers to stop renting and own their own home.
Don’t let saving for a deposit stop you from getting the keys to your castle. With a 5% deposit, homeownership joy is closer than you think.
Let us match you to a 95% mortgage so you can move into your dream home today!
Published April 2024
It is important to take professional advice before making any decision relating to your personal finances. Information on this page is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored advice and is for information purposes only.
With over 20 years of experience in financial services, Harish is a successful lending and insurance specialist. He commands a solid team of insurance advisors in mortgage lending, commercial lending, health insurance, life insurance etc catering to individuals, families, and business owners with several assets
Date: Apr 11 2024
