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2008 crisis story repeats, now in the UK

Jump  •  Messages: 3  •  Years on forum: 11.2 04:40 AM 05/06/2016
Barclays offers 0% deposit mortgage to home buyers

A buyer without a deposit could get a three-year fixed rate of 2.99% under the family springboard mortgage, but one with a 5% deposit could get a three-year rate of 2.79%.

Parents putting cash into a savings account – called a “helpful start” account – will receive an interest rate under the deal of 2% (the Bank of England base rate plus 1.5%).

https://www.theguardian.com/business/2016/may/04/barclays-offers-0-percent-deposit-mortgage-to-home-buyers



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