The plight of would-be first-time buyers is highlighted by new research from Moneysupermarket.com.According to the price comparison website, home loans requiring a 10% deposit have all but disappeared in the credit crisis with only 102 available today, compared with 3,124 in January 2007, a decline of 97%.First-time buyers are also being penalised on interest rates [...]
More: Demise of 90% LTV blocks first-time buyers