The £120,000 homes first-time buyers can afford WITHOUT putting down a deposit - best gas grill for the money

WANNABE first-
Time buyers often believe that it is impossible to get on the property ladder due to the need for thousands of pounds to pay the deposit.
Average first
According to the latest housing survey by the British government, home buyers have deposits of up to 44,635 in 2017/18.
Even with a deposit of only 5 cents and a mortgage of 95 cents, it feels unattainable.
However, in the absence of a cash deposit in advance, there is a way to buy a house --
One of them is a 100 mortgage, called a guarantor mortgage.
According to data from the financial comparison website monefacts, there are fewer than 30 guarantors for the first mortgagetime buyers -
They all work a little differently.
For example, Barclays's Springboard mortgage and Lloyds Bank's hand loan mortgage require parents to deposit ten per cent of their savings account.
Although Aldermore's home-backed mortgage requires parents to guarantee 25 of the value of the property with their own house.
The Home Link mortgage at the Post Office also operates in a similar way, requiring family members with free mortgages to compare the value of their property by ten per cent to the mortgage.
Many construction associations, from Bath to buckin County to Marsden, also offer different 100 mortgages.
Use a free market mortgage broker to check what deals are best for you.
Of course, please note that for most of these mortgages, if you miss it, the person who guarantees your loan may be responsible for your repayment.
You may end up with negative assets, too.
Your house is less than your mortgage. if prices fall.
Rachel Springall, financial expert at Moneyfacts, said: "The mortgage market has obviously changed over the years to accommodate the first
Time buyers, because there are more trading options now.
"But borrowers have to make sure that any property they want to buy is a place where they can comfortably stay for a few years.
"If house prices fall, borrowers may fall into negative assets, which will create problems when they want to move on-one of the issues with reaching a 100 mortgage agreement.
"So what kind of property can you buy with this type of loan?
Usually you can borrow at around 4.
Five times your salary.
So, according to the UK's National Bureau of Statistics, at a median UK salary of £ 29,588 per year, that means you can snap up properties worth up to £ 133,146.
If your lender is paid four times your salary, then you can buy a house worth £ 118,352.
To give a few examples, we have found six properties currently being sold on the UK's real estate portal, Zoopla, for a price of £ 120,000 or less.
Of course, if you buy it outside of London and southeast England, you will get more money.
You can take this spacious threebed semi-
Independent homes in the suburbs of Bolton are only £ 115,000.
The house has a modern finish and is also close to Manchester for those who want to get to the city on a regular basis.
But please note that it is sold as a leased property, which means that technically you do not own the land built by the House.
The lease also means that you may have to pay the annual rent to the free Holder
The person or company who owns the land-
And the annual service charge for any repair or maintenance costs.
Be sure to check these before buying as they can spiral into thousands of pounds. This two-
Bed semi-detached villa in Bradford has space for two cars and a small garden at the back.
Two decent ones.
Size bedroom and a bathroom the property is sold on the market for £ 106,995.
It's free, which means you have the home and ground it's based on. First-
Time buyers can snap up property on the beach at this home in kenfighill, less than 15 years old
It is only a few minutes' drive from Porthcawl, a seaside town in Wales.
The hotel is spacious with three bedrooms, two bathrooms, a garage and a garden.
But it's just partially refurbished so you do need to have the time and money to get the rest done.
The listing of the property shows that it still needs to be fitted with a kitchen and bathroom, the inner wall needs to be greased, and it needs to be connected to the main gas supply.
You bought this property for free. First-
Time buyers can grab these three.
Bed Room in Wishaw, North larakshire, a suburb of Glasgow, for £ 104,995.
It was built by the Barratt home in just 2004.
But the carpet is gone and many of the walls are bare, so you need to be willing to pick up the brush and spray a little on the decor.
You also need to like the decoration
Or willing to pull it up.
Because the garden at the back has been completely renovated.
It is not clear whether the property can be leased or freely held, so check it out before you quote. This two-
Bed terraces in the village of Tregof, near Swansea, Wales, are on the market for more than £ 120,000.
No chain, make it the first perfect-
Find time buyers for quick action.
It is also equipped with its own drive and has finished modern standards internally.
The property is sold on a free basis, which means that you own the house and land where it is located.
The developer turned the big house in Torquay, Devon into five separate apartments.
One of the apartments is equipped with a bedroom, a bathroom, a reception room, which is within walking distance of the town and port at a price of £ 115,000.
This is a new property which means there is no chain to make it the first choicetime buyers.
However, since it is an apartment, be sure to check the annual rent and service charge before purchasing.
It is also quite compact, so you may need to compromise on space. We round-
What are the mortgages of up to 100 and whether they are in the first favor
Time buyer, can you apply if your credit is not good?
Also, here are nine ways to increase your chances of getting a mortgage.
If you need some inspiration, check out our first family series and we'll get to know about it first --
Time for buyers to climb the housing ladder.
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