No deposit, no problem: the new 100% mortgages for first-time buyers

6 days ago

Banks and building societies have started relaxing affordability rules and becoming more creative with products

For many first-time buyers, getting their foot on the property ladder can feel like an impossible dream. However, the good news is that there are a growing number of mortgage deals that require only a small deposit, or no deposit at all.

Metro Bank is the latest high street lender to launch a deal that allows eligible first-timers to borrow up to 100% of the value of a property. Home loans that let people borrow 100% have been making a bit of a comeback – they were once fairly commonplace but were axed after the 2008 financial crisis.

Continue reading...
Click here to Read More
Previous Article
‘How’s this joker got my details?’: BrewDog founder faces complaints over emails to ‘equity punks’
Next Article
Why your heat pump isn’t saving you money – and what could change that

Related World Updates:

Are you sure? You want to delete this comment..! Remove Cancel

Comments (0)

    Leave a comment