3 ways you can SPEED UP your first house purchase!
Автор: Money to the Masses
Загружено: 2025-06-10
Просмотров: 228
Struggling to save a deposit or worried your income is holding you back from buying a home? The good news is, things are changing. 🏡
In recent months, lenders have started bringing back 100% (or zero deposit) mortgages, making it possible to get on the property ladder without having to save a huge deposit. 🔑
In this video, I look at three 'Zero Deposit' deals from lenders including Skipton, April Mortgages, and Gable.
I then explain how you could likely borrow more than you thought possible, with some lenders now offering income multiples as high as 6 or 7 times your salary. Finally, I explain how lenders are relaxing some of the tough 'stress tests' which could help to boost the amount you could potentially borrow.
For the latest best rates, check out our regularly updated article below: https://moneytothemasses.com/owning-a...
The actual rate you get will depend on your personal circumstances and whether you meet the lender's affordability criteria. You should always seek independent mortgage advice.
00:00 - How to get on the property ladder faster
00:27 - What are the best 100% mortgage deals in the UK?
04:40 - Changes to affordability criteria
06:47 - Changes to stress testing
Check out our mortgage comparison tool below: https://moneytothemasses.com/compare/...
#mortgage #mortgagerates #interestrates
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Since 2010 Money to the Masses has been helping people with their personal finances for FREE. Money to the Masses is one of the UK’s leading independent personal finance websites specialising in all aspects of financial planning including investments, pensions, property, insurance, mortgages, budgeting and saving. We bring together expertly written content, interactive tools and technology to help over 4 million people a year across our platform.
If you are looking to get your finances in shape, then check out Damien's FREE Money MOT at https://mot.moneytothemasses.com/
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