A UK lender is offering the first deposit-free mortgage for first-time buyers since the financial crash of 2008 in order to help aspiring property owners escape “trapped rental cycles”.
Skipton Building Society has announced its new five-year, fixed-rate Track Record Mortgage, which will enable those who are seeking to buy a first home – but lack the capacity to save up for a deposit – to borrow the entirety of a property’s value.
