Thursday, February 28, 2008

Help Needed for First Time Buyers

Nationwide recently announced they will be charging higher rates to first time buyers who don’t have a 25% deposit (link). This is bad news for long suffering first time buyer. If you consider that average house prices are 200,000, a 25% deposit represents 50,000. For nearly any aspiring homeowner in their 20s, to save 50,000 [...]

Read More...

[Source: Finance Blog]

No comments: