Yorkshire Building Society has introduced a new mortgage scheme that requires only a £5,000 deposit for first-time buyers. The scheme allows borrowers to potentially borrow up to 99% of a property's value, targeting properties up to £500,000. The Treasury's 99% mortgage scheme is realized through this initiative, despite the government previously abandoning it. Homebuyers are encouraged to 'overpay' under this mortgage deal.
💸 Tens of thousands of house buyers borrowing into retirement https://t.co/rGNM2iGzec
Although the Government ditched the 99 per cent mortgage, a lender has introduced one to the market New 1% deposit mortgage for first time buyers with just £5k – but there’s a catch https://t.co/XFxU8bg0Pi
🏡 First-time buyers are being offered the chance to pay a modest £5,000 deposit and potentially borrow up to 99% of a property's value. Read more 👉 https://t.co/zzUDoy1flG
Yorkshire Building Society launches new regular savings account offering 5% interest rate #Yorkshirebuildingsociety #firsttimebuyer https://t.co/T6SEbZy72E
First-time buyers are being offered the chance to pay a modest £5,000 deposit and potentially borrow up to 99% of a property's value. @IanKingSky has more on this story ⬇️ https://t.co/yCBFfrip80 📺 Sky 501 https://t.co/y6QM9NKl3Z
Yorkshire Building Society launches new mortgage deal with £5,000 deposit but homebuyers urged to ‘overpay’ https://t.co/2DMkURxZJ2
A £5,000 deposit mortgage for first-time buyers has been launched by a building society, enabling aspiring homeowners to potentially borrow up to 99% of the property value https://t.co/IT2EKimStZ
I’m sure this will cause some debate. The Treasury gets its 99% mortgage scheme after all, with YBS releasing a loan that only requires a £5,000 deposit on properties up to £500,000. https://t.co/VcH9Jawa5Z
First-time buyers are being offered the chance to pay a modest £5,000 deposit and potentially borrow up to 99% of a property's value Read more 🔗 https://t.co/nTSXrBDNHc
Yorkshire Building Society launches new mortgage with just £5,000 deposit https://t.co/QD0rBAjNkd