UK News Today | 2 Min News | The Daily News Now!
Zero-down mortgages are making a major comeback, helping first-time buyers like Conroy and Amber snag homes worth $242K despite rising rents and prices. While these loans come with higher interest rates and risk of negative equity, borrowers are countering by overpaying early to build equity. Others, like Bronya and George, use minimal deposits for renovations, betting on long-term value. Lenders now run stricter checks than pre-2008, but experts warn borrowers to understand the fine print—especially as rates could climb.
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