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Life & Style

5% deposit mortgages launch today: What are they, who offers them, and are you eligible?

Housing Secretary Robert Jenrick said the scheme will help people get a foot on the housing ladder in an “easy and affordable way”. He said: “For too many people, no matter how hard they work, homeownership can seem out of reach. “One

April 19, 2021
Life & Style

Mortgage rates: Where can you get a 5% deposit mortgage? What does it mean for you? Expert

Chancellor Rishi Sunak announced a new “mortgage guarantee” scheme for buyers with a five percent deposit as part of his plan for healing the economy. Addressing the House of Commons, Mr Sunak said he wanted to turn “generation rent into generation buy”.

March 16, 2021
Life & Style

Mortgage guarantee scheme: How much deposit do you need?

The mortgage guarantee scheme was announced by Chancellor Rishi Sunak in his Spring Budget this week. The scheme will bring back low deposit mortgages with the aim of giving people who cannot afford large deposits a chance to buy a home. In

March 5, 2021
Life & Style

Mortgage rates: When will 5% deposit and 95% mortgages be back? Rishi Sunak's major update

Ultra-low deposit mortgages are set to make a comeback with a new 5% deposit home loan guarantee scheme. The Chancellor Rishi Sunak today announced the scheme will come into force imminently, with dozens of firms signed up. Rishi Sunak announced a “mortgage

March 3, 2021

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