How does a zero-deposit mortgage work and is it a good idea?

Skipton Building Society reintroducing deposit free mortgages for first time buyers The lenders behind a new mortgage hope to turn renters into homeowners by offering deals without deposits. Skipton Building Society has announced a zero-deposit mortgage, specifically targeted at renters looking to buy their first home. The group’s chief executive of home financing, Charlotte Harrison, said the mortgage “has been carefully created with the challenges generation rent is facing in mind, together with the potential risks and challenges they may encounter in the future too.” …visit ITV News to read…

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Stranraer to Eyemouth coast-to-coast cycle route revealed ahead of World Cycling Championships

The route for the UK’s newest coast-to-coast cycle challenge has been revealed. The 250-mile Kirkpatrick C2C will take riders across the South of Scotland from Stranraer to Eyemouth when it is officially launched in the summer. The route is named after Kirkpatrick Macmillan, the 19th century Dumfriesshire blacksmith who invented the first pedal-driven velocipede. Initial projections suggest the route could attract up to 175,000 new visitors to the region, with a direct spend of £13.7 million per year. …Visit ITV News to read full story Image Credit: South of Scotland…

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