Buying property at 18

Impossible you cry… haven’t you heard about the credit crunch and the death of the first time buyer? To which I’d reply that people told me it was impossible to buy a property at 18 when I was 18… and mortgages were MUCH harder to come by back then in the early eighties. Building societies then typically demanded that you save up your 10% deposit with them and then had to take out a mortgage with them - and they STILL might not give it to you. There are ways, and I’ll be covering creative ways to get mortgage finance in full in the Walletwatcher podcast episode 30.

Links: Why’s my mortgage so expensive?

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