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Mortage lenders with no deposit

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  • 03-11-2005 11:26am
    #1
    not_sure
    Closed Accounts Posts: 72 ✭✭


    Hi i was reading a paper about a couple of weeks ago and there was a company advertising mortages for young people who did not want to waste money paying rent every week. Now hard as i have tried i have been unable to find this company in the papers or on the internet or anything.

    If anyone knows what i am talking about will you please let me know asap.

    Regards,


Comments

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    #2
    RainyDay
    Closed Accounts Posts: 6,925 ✭✭✭RainyDay


    Several companies are now doing 100% mortages - First Active, BOI, Ulster Bank.


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    #3
    DigiMarc
    Registered Users Posts: 94 ✭✭DigiMarc


    RainyDay wrote:
    Several companies are now doing 100% mortages - First Active, BOI, Ulster Bank.

    But AFAIK you still need to have a deposit, which they give back to you as part of the 100%.

    The problem with this is, still having to find the deposit. :confused:


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    #4
    RainyDay
    Closed Accounts Posts: 6,925 ✭✭✭RainyDay


    I'm pretty sure PTSB will give you a personal loan for the deposit, which is then cleared when you drawdown the full mortgage.


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    #5
    Zascar
    Moderators, Motoring & Transport Moderators, Music Moderators Posts: 12,778 Mod ✭✭✭✭Zascar


    I already have an apartment and want to buy a 2nd one. Is there any bank who will or soon plan to offer 100% mortgages to non first time buyers?


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