One-of-a-kind ‘Delayed Start’ mortgage launched in UK

The deal, unveiled by Skipton building society, means buyers would not have to make any repayments for the first three months

A one-of-a-kind mortgage offering a major financial perk – no repayments for the first three months – has been launched in the UK.

The deal, unveiled by Skipton Building Society, is the latest innovation aimed at cash-strapped first-time buyers and is designed to provide them with a bit of breathing space as they settle into their new property.

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​The deal, unveiled by Skipton building society, means buyers would not have to make any repayments for the first three monthsA one-of-a-kind mortgage offering a major financial perk – no repayments for the first three months – has been launched in the UK.The deal, unveiled by Skipton Building Society, is the latest innovation aimed at cash-strapped first-time buyers and is designed to provide them with a bit of breathing space as they settle into their new property. Continue reading… First-time buyers, Money, Property, Housing market, Real estate, Mortgages, Mortgage rates, Banks and building societies, Business, UK news, Financial sector Business | The Guardian

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