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Regrettably, there are currently no mortgage lenders in the UK offering 100% remortgages. All such products were withdrawn from the market at the start of 2008, as mortgage lenders started to experience difficulties in securing funding for these products.
It may be that mortgage lenders will re-enter this market, should their confidence in the financial markets return. Until then, remortgages are only likely to be available up to 95% and lenders are likely to require a deposit of 3% or more from people looking to purchase a property.
Why get a 100% remortgage?
100% remortgages can help you free up cash for other purchase or investments. There are low interest rate deals with lenders throughout the UK, and we can source the best remortgage for you.
Is a 100% remortgage right for you?
100% remortgages won’t suit everyone. You may not want to take out such a high mortgage sum, or you may be looking for ways to reduce your monthly fees. Take a look at some of the other types of remortgage listed below:
Poor/bad credit remortgages - No matter what your financial history, you can find a remortgage deal to suit you
Student remortgages - Backed by a guarantor, student remortgages are can help you avoid student rental fees
Divorce remortgages - Refinance after a divorce or separation
Self-certified remortgages - Another way to arrange a remortgage if you are unable or unwilling to prove income
125% remortgages - Borrow more than your house value and use the extra cash for investments, renovations, moving etc.
Debt consolidation remortgages - Help reduce financial pressures by consolidating your debts
Capital raising remortgages - Use a remortgage to raise capital
Call us on 0845 603 1525 for a free consultation with one of our friendly and experienced team. We are happy to discuss your situation and help you choose the best 100% remortgage.
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