Zero-deposit mortgages are making a comeback; promised to help renters get on the property ladder. First-time homebuyers in 2023 will need to earn an additional £7,500 to afford the same house they could buy in 2020, according to Zoopla. But guess what? The Office for National Statistics reports that wages have only increased by £4,800…
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If you’re thinking about buying a house, you’ve no doubt wondered whether you’ll be eligible for a mortgage. You’re also likely wondering how much you can borrow based on your current earnings and the types of mortgage you’re eligible for. Well, don’t worry. Our guide to mortgage eligibility tells you everything you need to know—from…