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Podcast: The Property Nomads Podcast
Episode: 99% LTV Mortgages are HERE - but act with caution!
Description: Rob discusses the return of 99% loan-to-value mortgages, specifically focusing on a fee-free deal offered by Yorkshire Building Society for first-time buyers. While this may seem like a great opportunity, Rob stresses the importance of understanding the potential risks and economic factors involved in high loan-to-value mortgages. KEY TAKEAWAYS 99% loan-to-value mortgages are back, but it's crucial to consider the potential risks and implications. Yorkshire Building Society is offering a fee-free deal for first-time buyers with a £5,000 deposit and the ability to borrow up to 99% of the property value. It's essential to understand the general economics of housing be...