skip to main content
Request a call back

Leave your contact details and one of our expert advisers will call you back shortly.

You can also complete our mortgage questionnaire for a more accurate initial response.

Please note, by submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.

Menu
Archives

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

show more show less

HSBC is the latest lender to stop offering 10% deposit mortgages to new customers citing significant demand for its low deposit rates. 

The bank has consistently provided first-time buyers with 10% deposit mortgages over the years but it has pulled the products to catch up with its processing times. 

Aaron Strutt, product director at Trinity Financial, says: “If you are planning to purchase a property you will typically need a deposit of 15% to have the choice of two-year fixes and trackers, plus competitively priced five-year rates. 

“There are a limited number of 10% deposit mortgages available through lenders like Bank of Ireland Bespoke, Nationwide for Intermediaries, Platform and Virgin Money.”

Platform and Virgin Money are the latest lenders to start offering 10% deposit while Bank of Ireland has one two-year fixed or tracker rate, and it is not cheap.

Nationwide’s lowest deposit rates are available to first-time buyers purchasing houses rather than flats, and there are some family guarantee mortgages like the Barclays springboard deal. 

Call Trinity Financial on 020 7016 0790 to secure a mortgage or book a consultation

 

Get in Touch

Get in touch

To arrange a meeting with one of our expert mortgage advisers complete our enquiry form or mortgage questionnaire and we will call you back. Please note, by submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.

Need some advice today?

Book a Consultation Mortgage Questionnaire