A mortgage first has been launched by The MarketPlace at Bradford & Bingley (B&B), which takes ...
A mortgage first has been launched by The MarketPlace at Bradford & Bingley (B&B), which takes into account income received from renting a room when assessing affordability.
The 'rent-a-room' mortgage is designed to make property purchase more affordable for first-time buyers.
Borrowers have the option of a flexible two-year fixed rate loan at 4.99% or a flexible two-year discount tracker with an initial rate of 3.99%.
For further information on this product click on the link to the right titled 'rent-a-room in depth'. The Market Place can be found online at www.marketplace.co.uk
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