According to a recent report 100% mortgages have become far harder to come by these days, with lenders cutting back on offering riskier finance as a result of the credit crunch that has swept across the UK’s money markets. 100% mortgages have always been popular amongst first time buyers, as they enabled them to get a mortgage to buy a property without having to put down a deposit – something that has always been difficult for many first time buyers who have no previous property from which to use equity towards a deposit. Read the rest of this entry »
Popularity: 40% [?]