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YBS £5k deposit deal extremely welcome but FTBs should be aware of caveats – analysis

YBS £5k deposit deal extremely welcome but FTBs should be aware of caveats – analysis
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Brokers fear 1% mortgage deposits will push up house prices   – Mortgage Strategy

Brokers warn government plans to allow borrowers to buy a home with a 1% deposit may inflate house prices at a time of tight demand.   Prime Minister Rishi Sunak and Chancellor, Jeremy Hunt are considering proposals that would see prospective homeowners put down mortgage deposits of just a few thousand pounds to buy

Lenders hold the ladder for FTBs – Mortgage Strategy

Getting on the property ladder remains challenging, with higher interest rates and the cost-of-living crisis affecting affordability for many. But recent market developments offer a glimmer of hope for hard-pressed first-time buyers (FTBs). Lenders are starting to offer higher loans-to-value (LTVs) again and at more

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