PROPERTY INVESTOR EXPLAINS : why a new UK ZERO DEPOSIT mortgage is NOT GOOD
The option to buy a house with a zero deposit mortgage seems attractive only at the start. There are many reasons why it will put you in loads of debt.
Of course there will be people who will benefit from it and get on a property ladder faster. But since the deal is aimed at people who have difficulties with saving money, I am afraid that they will find themselves in a very difficult situation at the end of the fix rate term.
Remember that if you stop paying for your mortgage, your property will get repossessed.
Also remember that my videos don't include any financial advice and I only express my thoughts for entertainment purposes.
Take care.
Видео PROPERTY INVESTOR EXPLAINS : why a new UK ZERO DEPOSIT mortgage is NOT GOOD канала Anastasiia Argent
Of course there will be people who will benefit from it and get on a property ladder faster. But since the deal is aimed at people who have difficulties with saving money, I am afraid that they will find themselves in a very difficult situation at the end of the fix rate term.
Remember that if you stop paying for your mortgage, your property will get repossessed.
Also remember that my videos don't include any financial advice and I only express my thoughts for entertainment purposes.
Take care.
Видео PROPERTY INVESTOR EXPLAINS : why a new UK ZERO DEPOSIT mortgage is NOT GOOD канала Anastasiia Argent
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11 мая 2023 г. 2:19:25
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