100% mortgages

Purple

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Does anyone think that the advent of the 100% mortgage will have a negative effect on the rental market since the need to rent while saving for a deposit will be removed for many people?
 
good point. I suppose there are two types who rent , those that want to and those that have to.

those that want to will continue while those that have to (cause they cant afford to get deposit to buy) will presumably be going to first active asap.
So in short yes. by how much - hard to say
Finally there is also the social welfare renters who wont be affected by 100% mges i would think and will continue to rent. depending on the location they can make up a large % renters.
 
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