Want The New Deposit-Free Mortgage? Here's What You Need To Know

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Experts say Skipton Building Society's 100% home loans should help some would-be homeowners to “get off the rental treadmill”.

 

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Renters get helping hand with deposit-free mortgagesA new mortgage has been launched aimed at helping renters get a step onto the property ladder.
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Skipton launches deposit-free mortgage aimed at rentersThe product requires a good credit history, but does not need the financial backing of family or friends.
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Skipton launches deposit-free mortgage aimed at rentersThe product requires a good credit history, but does not need the financial backing of family or friends.
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Deposit-free mortgage for renters set up by Skipton to help 'trapped' tenantsSkipton Building Society says there is a 'clear gap in the market' for people who have a history of renting so can prove they can afford monthly mortgage payments. It will be the first 100% mortgage in the UK since the financial crash.
Source: SkyNews - 🏆 35. / 67 Read more »