Martin Lewis on ‘staggering’ lending practices as a new 10% deposit mortgage is launched

MARTIN LEWIS took questions from viewers tonight as the Martin Lewis Money Show graced British screens once again. One woman called in to ask the Money Saving Expert for mortgage advice and Martin provided a rather surprising reality check.

Martin Lewis focused his attention on Green Homes Grants for Universal Credit claimants, savings rates and premium bonds considerations tonight but he also made time to answer questions on mortgages.

One caller detailed they had saved up a 10 percent deposit for a house only to be told by lenders that she’ll now need a 15 percent deposit.

She asked Martin if there was anything they could do and he was fairly blunt in his response: “Straight answer, probably...
source: Express

2020-10-02 01:50
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