Chain free property firm offers 95% LTV
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whitehot property, a seller of chain free properties - repossessions, probate and part-exchanged properties is offering up to 95% mortgages on over £14m worth of stock.
The 95% mortgage offer is aimed to help encourage first-time buyers into the property market and help home movers find an affordable new property. With the average price for these properties at just £105,000.
In addition, many of these properties come with a further incentive of fixed conveyancing legal fees of £299.
Robin King, director of whitehotproperty.co.uk, says: “Property that is affordable is not easy to come by in the current market. By offering a 95% LTV, we are giving purchasers the chance to buy a home that does not break the bank. Despite indications that the property market is picking up, the industry still has a long way to go to full recovery and encouraging buyers back into the market is the first step towards this.”
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