News Formal

Highest number of low-deposit mortgages on the market since 2022

  • 📰 i newspaper
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 89%

United States News News

United States United States Latest News,United States United States Headlines

More options should help buyers with small deposits to secure loans to get onto the housing ladder

Getting more 5% deposit mortgages onto the market was a pledge from the new Labour government during the election campaign for those with just a 5 per cent deposit or equity in their home are on the market currently – the highest figure in over two years.

A year ago, there were just 188 of these mortgages, which can help those who cannot save for a deposit to get on the This month, the average shelf-life of a mortgage product rose to 30 days, up from 15 days a month prior.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Most low-deposit mortgages on the market since 2022More options should help buyers with small deposits to secure loans to get onto the housing ladder
Source: i newspaper - 🏆 8. / 89 Read more »