More and more lenders halt such deals despite the English housing market reopening First-time buyers in England are being locked out of the recently reopened housing market because there are hardly any mortgages available to those who can only manage a 10% deposit, it emerged this week.Mortgage lenders have been busy pulling home loan deals catering for those homebuyers looking to borrow 90% or more of the property’s value, with some saying they simply could not cope with the unprecedented demand. Continue reading…
Source : theguardian.com
Read more…England’s first-time buyers with 10% deposit struggle to find mortgage
