{"id":13814,"date":"2015-01-10T13:58:00","date_gmt":"2015-01-10T06:58:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-mortgage-that-allows-students-to-buy-their-own-homes\/"},"modified":"2016-05-21T00:38:50","modified_gmt":"2016-05-20T17:38:50","slug":"the-mortgage-that-allows-students-to-buy-their-own-homes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-mortgage-that-allows-students-to-buy-their-own-homes\/","title":{"rendered":"The mortgage that allows students to buy their own homes"},"content":{"rendered":"


\nSome building societies are willing to lend undergraduates 100% of the cost, up to \u00a3300,000, to buy a home \u2013 with certain guaranteesHe\u2019s in his third year at university, studying hard ahead of his final exams this year \u2013 but, unlike other students, Jonathan Pearson will graduate with a profit, not a student debt. He is not from a wealthy background but stands to make at least \u00a330,000 after buying a home, rather than renting while at college.Most other homebuyers struggle for years to find the necessary deposit, with Halifax reporting this week that the average age of a first-timer has now topped 30. But Pearson did not even have to put down a deposit, managing to obtain a 100% loan from a reputable building society. Continue reading…
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\nSource : theguardian.com
\nRead more…The mortgage that allows students to buy their own homes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some building societies are willing to lend undergraduates 100% of the cost, up to \u00a3300,000,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-13814","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3AO","jetpack-related-posts":[{"id":145574,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-no-deposit-mortgage-that-lets-tenants-buy-the-home-they-live-in-with-a-gift-from-the-landlord\/","url_meta":{"origin":13814,"position":0},"title":"The no-deposit mortgage that lets tenants buy the home they live in \u2026 with a gift from the landlord","date":"July 1, 2024","format":false,"excerpt":"\r Under a \u2018concessionary purchase\u2019, property owners can agree a cut-price sale to incumbent renters to save costsA growing number of people are taking out a little-known type of mortgage that allows them to buy a property without having to put down a deposit.Several lenders offer \u201cconcessionary purchase\u201d mortgages, meaning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45708,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-for-uni-mortgage-turns-students-into-landlords\/","url_meta":{"origin":13814,"position":1},"title":"\u2018Buy for Uni\u2019 mortgage turns students into landlords","date":"February 27, 2017","format":false,"excerpt":"\r Anyone over 18 who is in higher education can apply for the deal, as long as they have backing from familyAfter three or four years of study, many students will look with resignation at bank statements showing them thousands of pounds in debt. Raising enough for a deposit on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-students-can-buy-a-400000-home-with-zero-deposit\/","url_meta":{"origin":13814,"position":2},"title":"How students can buy a \u00a3400,000 home with zero deposit","date":"October 26, 2019","format":false,"excerpt":"\r A building society is offering 100% mortgages to 18-year-olds while at university. Spoiler: you\u2019ll need wealthy parentsFancy literally lording it over your college flatmates? A growing number of building societies are offering deals that let young adults buy their university home and pay the monthly mortgage with the rent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-we-release-some-money-tied-up-in-our-current-home-to-use-as-a-deposit-on-a-new-one\/","url_meta":{"origin":13814,"position":3},"title":"Can we release some money tied up in our current home to use as a deposit on a new one?","date":"November 28, 2022","format":false,"excerpt":"\r My wife and I would live in the second property and rent out the other to my sister and her sonQ My wife and I would like to buy a second home to live in while renting out our current property. My sister is in dire straits and desperately\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-a-10-deposit-enough-to-get-a-mortgage-on-a-new-build-house\/","url_meta":{"origin":13814,"position":4},"title":"Is a 10% deposit enough to get a mortgage on a new-build house?","date":"June 1, 2017","format":false,"excerpt":"\r We\u2019ve been advised to look into the help-to-buy scheme to boost our deposit but we\u2019re not sure if that\u2019s our best optionQ My partner and I have put our names down for a new-build property in north-west England, with the completion date in November or December. We expect to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105071,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-should-i-fund-my-help-to-buy-home-purchase\/","url_meta":{"origin":13814,"position":5},"title":"How should I fund my help-to-buy home purchase?","date":"March 16, 2019","format":false,"excerpt":"\r I\u2019m wondering if I should try to borrow more in a mortgage and get a smaller government loanQ I am currently in a process of securing a mortgage and help-to-buy equity loan on a new build with a purchase price of \u00a3420,000. My mortgage adviser has proposed that, to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13814"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=13814"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/13814\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=13814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=13814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=13814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}