95% mortgage rates are getting cheaper, Which? takes a look at whether first-time buyers should apply for one now or save up a bigger deposit.
The Government’s Help to Buy equity loan scheme is helping thousands of first-time buyers with a 5% deposit purchase a home, but could you be better off with a traditional 95% mortgage in the long run?
Buyers with a small deposit rejoice - rates on 95% mortgages are at their lowest level in 10 years. Which? explains the trend and rounds up the best deals.