We have one lender who has recently brought out a 'Track Record Mortgage' which is aimed at renters. They will use your track record of paying rent to work out how much you may be able to borrow from them. This is a big help for those who feel like they are stuck renting and struggling to get a deposit together.
-5 Year Fixed Rate
-No Deposit Needed (However they will accept a deposit of less than 5% if you wanted to put one down)
-No Completion Fee
-Aged 21 or over
-Only borrow up to £600,000
-No Missed payments on debts or credit comitments in the last 6 months
-You haven't owner a property in the UK in the last 3 years
-Rent has been paid for 12 months consecutively
If you believe you could be eligible, give us a call on 01623 622611 ☎️or email us at admin@just4mortgages.co.uk 📩and we can take a look for you