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95% LTV mortgages

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HI everyone,

I was wondering if everyone has taken advantage of the recently advertised 5% deposit only mortgages.

I am realistically wanting to finally take out a mortgage this year, and I know there are several lenders who are willing to lend up to 95% of your property value. I would have to wait at least another full year or more to save for a 10% deposit, but with only 5% required I can try buying a lot sooner.

Has anyone taken that deal with any lender? If so, what was your overall experience?

Thanks!

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