Big News: April Mortgages Launch 100% Mortgages and Higher Income Multiples
There’s some exciting news in the mortgage world — April Mortgages have announced a major update that could open doors for many potential homeowners.
What’s Changing?
April Mortgages will now be offering:
- 100% mortgages – that’s 0% deposit, meaning no savings needed to get started.
- Up to 7x income at 85% LTV – higher borrowing potential for those with strong affordability.
- Up to 6x income at 95% LTV – helping borrowers stretch their budget a little further.
They’ll even consider applicants with adverse credit, depending on individual circumstances — but it’s crucial to get proper advice before applying.
Why This Matters
- This move could be a game-changer for:
- First-time buyers struggling to save for a deposit.
- Young professionals with solid earnings but limited savings.
- Home movers who might be short on equity.
It could also bring more activity and opportunity into the housing market by helping more people take their first or next step on the property ladder.
Important Note
April Mortgages are intermediary-only, meaning you can’t apply directly. You’ll need to go through a mortgage adviser who has access to their products — and that’s where we come in.
Let’s Talk
If you’d like to find out more about April Mortgages, how these products work, or whether you could qualify — get in touch with our team at Pendle Hill Properties.
📧 info@pendlehillproperties.co.uk
📞 01282 772048 / 01772 319421