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  • I guess your main issue is going to be the recent announcements around higher deposits being required which will cut down on the pool of first time buyers.

    I think it's being pushed out to 15% deposit so it's not outrageous but I know a few people with 10% deposits that are currently re-evaluating what they're going to do.

    If it's empty then there seems no harm in putting it on. You're only going to pay if they sell it. (Although obviously there is the lost revenue from renting.)

  • Yep a couple of threads on Reddit of FTBers unhappy that they wanted to buy with 5 or 10% and now frozen out, apparently HSBC one of the few still doing 90% but release a limited amount every morning at 8am and all gone by 815.

  • I can't even imagine that. I bought by the skin of my teeth with a 5% deposit three years ago and even this place would be out of my range now if I had to start looking at this point. Those poor bastards.

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