Mortgages
New mortgage deal requiring £0 deposit launches in UK today

New mortgage deal requiring £0 deposit launches in UK today

It is the first of its kind since the 2008 recession. A new mortgage deal requiring a £0 deposit has launched in the UK today. This type of deposit-free mortgage used to be quite common up until the 2008 recession; however, it has now returned to the UK, backed by a Dutch firm that has […]

11 months ago

Young Brits having to ‘re-nest’ to save up for house deposit

Young Brits having to ‘re-nest’ to save up for house deposit

Turns out cutting down on Pret and avocado toast doesn’t cut it Young Brits are having to bunk with their parents in order to save for a house deposit in what NatWest is terming the ‘age of re-nesting’. Almost one-in-four parents say their children have had to move back home in a bid to get […]

11 months ago

Warning issued over new mortgages where first-time buyers only need £5000 deposit

Warning issued over new mortgages where first-time buyers only need £5000 deposit

The cheap mortgages might land the economy in huge trouble A new mortgage scheme is allowing first-time buyers to purchase a home with a deposit of as little as £5000. The Yorkshire Building Society mortgage lets buyers borrow up to 99 per cent of their desired property’s value up to £500,000, via Sky News. Ordinarily, […]

2 years ago

‘UK’s oldest first-time buyer’ finally gets his own bungalow aged 86

‘UK’s oldest first-time buyer’ finally gets his own bungalow aged 86

There’s not time like the present Age is nothing but a (legal) number. This is a fact that everyone – especially people who believe they are too old to achieve something – needs to remember. And it seems like a former care home resident knows this as he celebrates ‘becoming Britain’s oldest first-time buyer’ – […]

3 years ago

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