100% Plus mortgages
At Mayfair Consulting we an offer mortgages up to a max 130% LTV. These mortgages are usually a combination of a secured and unsecured loan. Although these products put a client in negative equity it may be suitable for clients that will stay in their property for a few years and with property prices increasing will get out of the negative equity situation.
The mortgages are usually 90% to 95% of the property value and the other 35% - 40% made up of a unsecured loan.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The overall cost for comparison is 7.1% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. There may be a fee for the mortgage advice. The precise amount will depend on your circumstances, but we estimate it will be 1.5% of the loan amount with a minimum fee of £500 added on to the loan.
Mayfair Consulting Limited is an Appointed Representative of The Mortgage Times Group Limited, 279 Tottenham Court Road, London , W1T 7RJ , which is authorised and regulated by the Financial Services Authority no. 303007.
