Business · GB ·
UK mortgage market sees highest share of low-deposit loans since 2008
BBC News · Business
Published · Updated
- Conroy and Amber bought a £242,000 home in August using a 100% mortgage from Skipton Building Society with no upfront deposit.
- The couple paid a fixed interest rate of 5.33% for five years and met strict eligibility checks required by the lender.
- The share of UK mortgages with deposits under 10% of property value is currently the highest since 2008.
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