100% mortgage are they available?
I am a first time buyer, i have a mortgage secured for 126500 because i was in the process of buying a house. I pulled out of the sale of the house after the survey because of the amount of work needed doing to the property. The mortgage is available to me until January if i find another property.
Basically…I have spent the money i had saved for a deposit on clearing all my debts so i could save again for a deposit next year and move debt free.
I have seen a house that i really like it is only 99000, as i already have a mortgage offer of 126500 i wondered if anybody knew if the bank would give me the full mortgage amount for the house i have seen or if they would still want a deposit?
I think i can guess what the answer is but its worth a try, thanks to anyone who might be able to help