95% Remortgages - 95% remortgages are remortgages which cover 95% of the value of a property and require a 5% deposit from the borrower. For example, on a property worth £200,000 the 95% remortgage would supply £190,000 and a £10,000 deposit would be required. As 95% remortgages have a relatively high loan to value (LTV) ratio, they are not always available. In addition, interest rates on 95% remortgages are commonly higher than those for loans with a lower LTV value.
95% remortgages are particularly suited to debt-restructuring and raising capital. This is because borrowers are likely to have more than 5% equity in the home before a remortgage and this equity can be released through the remortgage. 95% remortgages may also be required if house prices fall and the borrowers equity has been reduced to around 5% or if an even higher LTV ratio product, such as a 125% mortgage, was previously secured.
Capital Fortune specialises in helping clients secure the maximum loan to value ratio possible in the current market. We will carefully analyse your particular financial circumstances to ascertain the most suitable and affordable 95% remortgages and examine other suitable products if necessary.
Our award winning assistance includes the completion of all mortgage application forms, saving you valuable time. As an established mortgage broker, we have built up substantial industry contacts and have access to some deals that are not available on the High Street, saving you money.