Mortgages

Are 1% deposit mortgages a good idea for first-time buyers?


The government is reportedly considering introducing 99% loan-to-value (LTV) mortgages in a bid to support first-time buyers and boost the property market. 

According to The Independent, Chancellor Jeremy Hunt is mulling the “bold plan” to announce 1% deposit mortgages in his Spring Budget in March, as the Conservations seek to “give young people a reason to vote Tory”.

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