18/06/2026
Did you know....
Help is available to first-time buyers to get them on the property ladder quicker than they might think possible.
Several Major lenders now have deals that allow first-time buyers to purchase a property with a low deposit (just 2%); subject to certain criteria.
As with any financial transaction, there are pro’s and con’s to be considered. Whilst it allows you to get onto the property ladder sooner without needing to save for ages, because there is very little equity, you are at a much higher risk of falling into negative equity if property prices drop. These deals generally come with higher interest rates than those with larger deposits.
It’s something that James can talk you through and see if it’s right for you.
