Mortgages for New Build flats?

I understand that all the vast majority of lenders are refusing to offer mortgages of more than 75% LTV for purchasing New Build apartments.





Is this true? If so, are there any lenders that are bucking this trend in order to attract customers?





Many ThanksMortgages for New Build flats?
Most House Building Companies are desperate to shift their stock .. there is a VERY GOOD CHANCE they will organise a Mortgage for you .. just ask them ..





Your alternative is to check the price comparison site .. I suggest MoneySavingExpert for a a start ..





If still no luck, you will have to pay a Mortgage Broker (the company that you are buying off will be able to recommend one)





Be aware that the lower your deposit / higher the LTV the higher the Interest Rate you will have to pay .. and the chnaces are you will also have to pay for Payment Insurance ..Mortgages for New Build flats?
I work with someone who just completed on a new build flat with about an 85% mortgage. It's worth just ringing round a few and asking.