Abbey mortgages 'assist first-time buyers'
www.moneynews.co.uk > Mortgages > Abbey mortgages 'assist first-time buyers'
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Money News |
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Abbey mortgages 'assist first-time buyers'
Wed 28th Feb 2007
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The new package is part of Abbey's exclusive first-time buyer mortgage packages.
Certain packages incorporate mortgages which have "as little as three per cent deposit, deals that offer five per cent money back", according to Nici Audhlam-Gardiner, head of Abbey mortgages.
Ms Audhlam-Gardiner said that such features on Abbey mortgages could help to cover additional costs such as stamp duty.
The news follows a survey carried out by the group showing that people looking to invest in bricks and mortar for the first time are less likely to receive financial assistance from their parents than before.
Just one in ten respondents expect their parents to support their first house purchase, compared to over a quarter six months ago.
Related News : Mortgages |
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Related News : Santander |
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