Welcome to episode 7 of 'The UK Housing Market Podcast'
In this episode we discuss a Budget Special 'Will 95% Mortgages Impact The UK Housing Market?'
Topics covered:
- Is the mortgage guarantee scheme a specialist scheme like Help To Buy or Shared Ownership?
- Key points to qualify for the scheme
- How man like Rishi and the government backs the mortgage guarantee scheme
- Do you need a clean credit history to get a 95% mortgage?
- How will it affect house prices
- Rent or buy with a 95% mortgage?
- Negative equity explained
- What are your mortgage options if you buy a property with a 95% mortgage and then your property goes into negative equity?
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