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Purchases - Moving House?
Buying a house is likely to be the single biggest investment you'll make in your lifetime. Whether you're a first time buyer looking to get on the property ladder or a seasoned home owner looking to sell your current home and buy a new one, Infinite may be able to help you with all your purchasing needs.
How Much Can I Borrow?
Different lenders have different formulas for determining how much they will be willing to loan to you. To get a rough idea of the amount you may be able to borrow through Infinite, please use our online Mortgage calculator.
How Much Will it Cost Me?
The cost of your mortgage is dependent on how much you borrow and the interest rate you qualify for.
At Infinite we offer both interest only and repayment mortgage plans. You can use our online mortgage calculator to find out how much the mortgage you're looking for may cost you.
Will I Need a Deposit?
Here at Infinite the maximum Loan to Value (LTV)that we can normally offer is 95% including any fees that may be included in the cost of the mortgage. This means that you will need a minimum deposit of 5% of the purchase price of the property, plus money for any fees, in order to qualify for a mortgage with Infinite.
Additionally, if you have some form of credit problems or need to self certify your income then you will be seen as higher risk by the lenders who, as a result, may require deposits of 10% or more depending on your circumstances.
Unfortunately we are currently unable to offer 100% mortgages.