Jay Tillotson asked:
Back in 2007, a new mortgage appeared on the market which seemed like a godsend for first-time buyers – the 125% mortgage. The idea was that you could borrow the full cost of the property, plus 25% more to give you some spare cash. Therefore, a mortgage on a
Back in 2007, a new mortgage appeared on the market which seemed like a godsend for first-time buyers – the 125% mortgage. The idea was that you could borrow the full cost of the property, plus 25% more to give you some spare cash. Therefore, a mortgage on a
This entry was posted in Finance and tagged 125 Mortgage, Current Rate, First Time Buyers, Gap, Godsend, Homebuyers, House Prices, Last Ten Years, Lenders, Mortgage Borrowing, Mortgage Market, Negative Equity, New Mortgage, Resale Value, Several Thousand. Bookmark the permalink.