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First-time buyers require large deposits

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  • First-time buyers require large deposits

    The withdrawal of 95% and 100% mortgages has meant that first-time buyers need an even bigger deposit to get onto the property ladder, in spite of falling property prices.Some lenders are still willing to advance 95% of a property’s value, however, this comes with higher interest rates. An average first-time buyer property in London costs [...]

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