What 99% mortgages could mean for first-time buyers... and the housing market
Jeremy Hunt is reportedly drawing up plans that would allow first-time buyers to get on the property ladder with just a 1 per cent deposit.
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Jeremy Hunt is reportedly drawing up plans that would allow first-time buyers to get on the property ladder with just a 1 per cent deposit.
Jeremy Hunt is reportedly drawing up plans that would allow first-time buyers to get on the property ladder with just a 1 per cent deposit.
Rumoured scheme could help renters struggling to save a deposit - but experts say repayments could be too high for some, and it could push up house prices even further.
Brokers warn government plans to allow borrowers to buy a home with a 1% deposit may inflate house prices at a time of tight demand. Prime Minister Rishi Sunak and Chancellor, Jeremy Hunt are considering proposals that would see prospective homeowners put down mortgage deposits of just a few thousand pounds to buy
More than 30 British lenders have slashed their home loan prices in the last two weeks as 2024 kicks off with a mortgage price war.