Money Box Live: Making Sense of Mortgages
Money Box
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The Impact of the Skipton 100% Mortgage on Rents
The 100% mortgage is essentially a positive step forward in terms of innovation. Over a five-year period, that's equivalent to around $60,000. So it gives the ability for people like Charlotte to then re-mortgage onto a 95% mortgage moving forward. But having not the bank of mum and dad supporting you, it's a great opportunity. And while I'm cautiously positive about the Skipton 100% mortgage, I think it'll only cause a very small amount of people.
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