ING Mortgages Mortgages is a mortgage lender in the UK.
ING Mortgages mortgages offer a host of variable rate and fixed rate mortgages which may be suitable to you based on your financial needs and current situation.
With a dedicated sales team and award-winning lending service, ING Mortgages mortgages pride itself on fast response time, competitive rates and high-quality customer service.
What types of mortgages can I get with ING Mortgages Mortgages?
ING Fixed rate mortgages:
With these mortgages, the rates are fixed for a period of 2, 3 or 5 years and provides you certainty over your ING Mortgages mortgage for that time frame.
ING Variable rate mortgages:
You can access a host of variable mortgages through ING Mortgages mortgages and this mortgages will have a variable rate which can be increased or decreased at any time by ING Mortgages mortgages.
ING Tracker mortgages:
You can access a host of tracker mortgages from ING Mortgages mortgages. These mortgages will usually track the bank of England's rate and will move in line with it although it may not be the exact rate but rather a rate which will increase by the same point or increase by the same point as the bank of England rate.
You can access a host of remortgages on any of ING Mortgages mortgages products.
ING Mortgages buy to let:
ING Mortgages mortgages also offer a host of buy to let mortgages for buy to let investors.
You may be able to access mortgages on ING Mortgages mortgages with up to 95% Loan to value (LTV).
ING Mortgages mortgages may also allow you to make overpayments on your mortgage but there may be a fee for doing so and a limit on how much you can overpay your mortgage each year.
ING Mortgages mortgages are known for:
Accessing almost 90% of cases received within 2 days
Providing a decision in principle usually within the hour
Providing a mortgage offer within 14 days.
ING Mortgages Mortgages lending criteria
The lending criteria for ING Mortgages mortgages are the below but they can change at any time and hence why mortgage brokers are very important as they will likely be in tune with any changes to ING Mortgages mortgages lending criteria.
ING Mortgages mortgages don't have a minimum income level for residential mortgage applicants but they will not accept people on temporary or zero-hour contracts.
For a buy-to-let mortgage, you must have at least £25,000 in income.
If you will still be paying off your mortgage at 75 years of age then ING Mortgages mortgages will likely not lend to you.
For leasehold properties, ING Mortgages mortgages will accept properties with a minimum 85years on the lease and a maximum ground rent of £1,000.
ING Mortgages mortgage rates
ING Mortgages mortgage rates can change at any time. If you want to see the most up to data ING Mortgages mortgage rates then visit their website.
ING Mortgages mortgages contact
You can contact ING Mortgages mortgages via their website depending on what you are after.
If you are considering getting a mortgage then using a mortgage broker may be a good choice as mortgage brokers usually have access to many more products than any specific mortgage lender.
Mortgage brokers will also usually have access to specific deals from mortgage lenders as well as experience on which mortgage lenders will be more likely to accept your case. This will help you avoid getting rejected on a mortgage application and having to build credit due to the damage a rejection might do to your credit score.
If you have bad credit or are self-employed then specialist mortgage brokers such as bad credit mortgage brokers or self-employed mortgage brokers may be useful.
You may also want to consider the government schemes which are available for first-time buyers and home movers such as:
- Lifetime ISA- gives you a government bonus of £1,000 if you save the maximum £4,000 a year.
- Help to buy ISA- gives a maximum bonus us £3,000 if you save the maximum allowed of £12,000. Before you get either you should consider which is better. Lifetime ISA vs Help to buy ISA.
- Help to buy equity loan- gives you up to 40% as a 5-year interest-free equity loan. You begin to pay interest at 1.75 % after the fifth year and 1% plus RPI for every year thereafter.
- Shared ownership- You can buy between 25% to 75% of the property initially with a shared ownership mortgage and then buy more using a staircasing mortgage.
- Armed forces help to buy- similar to the help to buy equity loan but specific for the armed forces personnel giving them an increased chance of acceptance.
- Rent to buy- This is the right to buy scheme on which this guide is currently discussing. A different marketing name is just used. Watch out for this when shopping to avoid missing out on eligible properties due to confusion.
- Right to buy- allows you to buy your home at a discount price.
- Preserved right to buy- same as above.
- Right to acquire- same as above.
Most mortgage lenders will require a minimum 5 % mortgage deposit but don't worry if you don't have this as you may be able to get a family springboard mortgage such as the Barclays family springboard mortgage, the lloyds lend a hand mortgage or thebpost office family link mortgage.
The offers compared on this page are chosen from a range of products Huuti has access to track details from and is not representative of all the products available in the market. Unless indicated otherwise, products are displayed in no particular order or ranking. The use of terms “Best”, “Top”, “Cheap” including variations, are not product ratings and are Huuti is not recommending anything here. You should consider seeking independent financial advice when necessary and confirm the validity of the information above for your personal circumstances. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR MONTHLY REPAYMENTS