The Times - Fresh boost for first-time buyers - November 2013

Aaron Strutt Image

Two new lenders have launched a range of mortgages for borrowers with a 5 per cent deposit, bringing substantial savings on existing deals.

Aaron Strutt, of Trinity Financial, the broker, says it is great for first-time buyers that so many lenders are trimming their rates or launching new low-deposit deals " however, it is a shame that they could not have done so before the launch of Help to Buy 2, considering that many are not even using the scheme.

"If more lenders offered low-deposit mortgages like these a few months ago I don't think the Government would have been so keen to launch Help to Buy."

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November 23, 2013

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