Daily Mail - Why cheap loans aren't helping first-time buyers to get onto the property ladder
First-time buyers will struggle to get a mortgage in 2012, despite banks promising to increase the number of cheap deals available to them, experts have warned.
‘Lenders have been offering more low-deposit mortgages. However, borrowers still need an excellent credit score to qualify for one of these deals,’ says Aaron Strutt, adviser at broker Trinity Financial
Read more: http://www.thisismoney.co.uk/money/mortgageshome/article-2091238/Why-cheap-loans-arent-helping-time-buyers-property-ladder.html#ixzz43ihiAB5p
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