Are 99% mortgage a great way to assist first-time patrons? Be a part of The Impartial Debate

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Radical plans to ensure mortgages requiring simply 1 per cent deposits have been backed by senior Conservatives.

The scheme to spice up 99 per cent mortgages comes after The Impartial first revealed the March Price range proposal geared toward first-time patrons.

Tory MPs have largely welcomed the concept – however do you suppose it might truly assist first-time patrons? Or are you involved concerning the affect 99% mortgages would have on the broader housing market?

Economists and housing consultants warned that such a scheme – geared toward serving to younger individuals onto the property ladder – would create “huge threat” for taxpayers and would push up costs.

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