By catering to those whose family can stump up a downpayment on a house, the bank is widening the homeowning divide.For six years now, my partner and I have been the proud – nay smug – owners of a small flat in trendy north London. It’s brilliant, owning a flat. I’d recommend it. Would own again.So how did I accomplish this incredible feat, I hear you ask. Did I work hard and save harder? Do I have a secret life as an investment banker? Am I just better than other people? Continue reading…
Source : theguardian.com
Read more…Barclays’ 100% mortgage is great – if your parents are wealthy | John Elledge















