99% mortgages plan would be a disaster for the housing market
by Ben Ramanauskas
Jan 22, 2024
2 minutes
In an incredibly crowded field, the proposal to introduce has to be one of the very worst policies of any government ever. The plan is to allow people to be granted a mortgage by paying a deposit of 1%. The logic (and I use that word loosely) behind the proposal is that this will make it easier for young people to own a home and get on the housing ladder.
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