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Housing Scheme Archive
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Interest free mortgage?
A new proposition was unveiled this week by Castle Trust, a firm that hopes to bring a new type of mortgage to the market and investments that are linked to house price movement. The new ‘mortgage’ will be for 20% of the property value and will not charge any interest or require any monthly repayments. [...] -
New mortgage deals for homebuyers
For the last few years, securing a mortgage with only a small deposit has been very difficult, if not impossible for many home buyers. Mortgage lenders are still very cautious, but the market is slowly improving in terms of the choice available to borrowers. This week the Council of Mortgage Lenders said that gross mortgage [...] -
What the papers say- 26th and 27th March 2011
The Government’s new FirstBuy scheme came under fire in this weekend’s financial press, with experts in the Times, Guardian, and Telegraph calling it a gamble at a time when property prices are predicted to fall. Certainly the advice was for potential borrowers to go into schemes like these with their eyes open and fully understand [...]
