You will also find that as well as having to pay a higher interest rate, you may be charged a bigger mortgage indemnity guarantee (MIG) premium than if you put some of your own cash towards the purchase price.

 

However, to help cash flow, most lenders will allow you to add the MIG to your mortgage indemnity guarantee (MIG) premium than if you put some of your own cash towards the purchase price.

If you are borrowing the maximum, you should look at fixed or capped interest rate mortgages, since these buy valuable protection against rising interest rates.

Advantages with 100% mortgages are:

• You can buy a home if you have very little spare cash.

Disadvantages with 100% mortgages are:

• You will pay a higher interest rate.

• Lack of choice – only a few lenders left offer a 100% mortgage in this current economic climate.

But the wrong 100% mortgage can cost you more £££’s than it should and independent impartial advice is essential.

UEG Finance Services work closely with qualified independent mortgage advisors that can be trusted to give you that independent impartial advice.

Why opt for a 100% Mortgage via UEG Finance Services?

There are a few good deals available on 100% mortgages in the UK and UEG Finance Services have access to them ALL since they have:

• Access to and and ‘all’ 100% mortgages in the UK

• Every known special offer on 100% mortgages in the UK

• Every latest deal available on 100% mortgages in the UK

• Plus exclusive deals through the many mortgage clubs we subscribe to

Every month we, here at UEG Finance Services, help hundreds of people, just like you, find their perfect mortgage. Find out why so many people put their trust in us.

 

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