Local mortgage schemes and affordability

Overman, H. G.ORCID logo (2012). Local mortgage schemes and affordability.
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Interesting piece from the Guardian talking about local mortgage schemes to address affordable housing problems. The article highlight the Manchester scheme which "will underwrite up to 20% of the mortgage [for first time buyers]. The process allows the buyer to obtain a 95% mortgage on similar terms to a 75% mortgage – but without the need to provide the substantial deposit usually required."

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