The big comeback: the new home loan without equity
Source: www.portfolio.hu
This article is the property of Net Média Zrt. All rights reserved.
A mortgage loan from the building society Skipton, which allows people to buy a home with no equity, is spreading like wildfire, writes FT Adviser.
This article is the property of Net Média Zrt. All rights reserved.
While there are mortgages on the UK market that can finance up to 100% of the purchase price of a property, they are few and far between, and all require a guarantor. Skipton Housing Savings Bank has now come up with a new loan specifically for renters, with an interest rate of 5,49% and a maximum term of 35 years and an interest period of 5 years.
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