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The Mill Group blog is a space that allows like minded people to share new ideas and discussions on current topics and projects. Mill Group is currently working on a project which allows people to get onto the property ladder – a model that offers an easier transition from renting to buying, as well as providing a unique opportunity for investing in the private residential housing sector.-
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Monthly Archives: November 2010
Home ownership barrier lies in deposit size
It is not that first time buyers cannot afford the monthly mortgage charges, which, with interest rates as low as they are, are amongst the lowest they have been for many years, it is the fact that the average deposit required by the mortgage lenders is 24% of the value of the house.
Posted in Article
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Tagged Broken ladder report, Financial barriers to home ownership
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