Let's look into a no deposit required mortgage
Finding it next to impossible to get a bank to cover your mortgage? More and more potential home owners in the UK are suffering this problem and there just doesn't seem to be any light at the end of the tunnel.
However, we've got some good news, there are lenders who will entertain the idea of giving you a no deposit required mortgage, even if you have a poor credit history, or you are a first time buyer. Let's take a closer look.
To get your search started, we recommend checking out the Home Buyers Advice Centre at http://www.hacmortgages.co.uk/no_deposit_mortgages.htm. This company specialises in 100% no deposit mortgages, even if you've previously been turned down by a High Street lender in the past.
They will also allow you to include your stamp duty and legal fees with the mortgage, allowing you even more money to set up home once you get approved. How they can offer these mortgages is quite simple. They take on multiple smaller mortgages, and pass them all on to you as one package mortgage which will give you the figure you need.
How they can get around your previous refusals is that they aren't tied to any financial institution in the UK, so it is they who negotiate on your behalf, so a bad credit history won't be an impediment to snagging one of their 100% No Deposit Mortgages!
Hopefully this blog has made your pursuit of a 100% no deposit mortgage a little easier.