95 percent mortgage scheme launched by Rishi Sunak today - how you could benefit

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The new 95 percent mortgage deal was a pledge from RishiSunak in the Budget.

Major lenders have now said they will be offering the deal to budding homeowners.They are to be followed by Virgin Money who will begin offering the new mortgage deal next month. Mortgage: Market has 'learned its lessons' and is prepared for BrexitHe said: “For too many people, no matter how hard they work, home ownership can seem out of reach. One of the biggest divides in our country has been between those who can afford their own home and those who cannot.

 

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This will increase prices further. This is fuelling a fire. It doesn't help. People are just not saving for a deposit and this will cost them more in the long run. BUILD MORE is the only answer.

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