Boost for First-Time Buyers As Mortgage Lenders Cut Deposits

Summary


THE mortgage market has given a boost to first-time buyers.

New research indicates that the availability of mortgages requiring a deposit of just ten to 15 per cent - traditionally seen as ideal by first-time buyers - has risen by 90 per cent in the last year.

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Extract


Boost for First-Time Buyers As Mortgage Lenders Cut Deposits

The research, by the financial information se...

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