Is a 99% mortgage really that bad?
This is Money Podcast
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Innovative Mortgage Solutions for Property Ownership
Exploring the idea of a 99% mortgage as an innovative solution for overcoming the challenge of saving for a property deposit. Representatives from Yorkshire Building Society discuss how rising house prices make traditional deposits unattainable for many and highlight the benefits of lower initial saving targets. The chapter delves into the debate on the risks and advantages of such mortgage schemes and examines alternative options like Barclays springboard mortgage and Skipton track record mortgage.
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