Mortgage financeMortgage finance will be arrange for you by an IFA (Independant Financial Advisor) familiar with this development. The mortgage can take advantage of the discount and use this as the deposit on the apartment. Some mortgage products will allow you to even receive some of your original 5% deposit back as "Cash Back". This mean that all your stamp duty and legal fees on completion can be covered by the mortgage. Also by utilising a 90% LTV (Loan to Value) mortgage of this type means that with the cash back available you will mean you can end up putting down even less than 5% in total on this development!* *All examples given above are subject to available mortgage products at the time of mortgage application and prevailing interest rates at the time. Disclaimer. |