The Downside of 99% Mortgages: An Economic Disaster Waiting to Happen

Row of terraced houses reflected in water illustrating flood risk affecting residential property

  In the realm of questionable government policies, the proposal to introduce 99% mortgages stands out as one of the most misguided. The plan’s premise is simple, yet fraught with potential disaster: allow people to secure a mortgage by paying a minuscule 1% deposit. The goal? To help the younger generation climb onto the property […]

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