The controversial loan has returned. We look at the deals and explain why it’s worth saving up a 5% deposit or more
UK mortgage guarantee scheme due to end
Saving up for a deposit is one of the biggest challenges facing would-be homeowners, who can find that each month pretty much all most of their money is being swallowed up by rent and living costs.
No-deposit deals – known as 100% mortgages – can provide a lifeline, and in recent months a new crop have come on to the market.
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