Paul Airey Mortgages - Latest News
10 January 2020
***5 years fixed at an incredible 1.39% exclusive to Paul Airey Mortgages call now to speak to our advisor 0191 514 5777.***
So not only do we provide our clients with an amazing FREE advice service but we are also bringing the best products to the market too.
First time buyers 5% deposit & family Support
First time buyers often have limited deposits, but even those with only 5% or 10% of the property value to put down have had a wide choice of low-cost mortgages to choose from this year. (95% mortgages starting from 2.59% and 90% mortgages from 1.79%)
The Bank of Mum and Dad has continued to help many first time buyers this year, and it’s been suggested that the Bank of Gran and Grandad are also increasingly involved in raising a deposit. Lenders have continued to develop products to support those relying on family support, including, for example, ‘joint borrower sole proprietor’ mortgages where the title deeds are only in the child’s name, but the mortgage is held in joint names with the parents.