Yorkshire Building Society has announced the launch of a new £5,000 deposit mortgage deal for first-time homebuyers. However, experts are warning anyone to take advantage of thisoffering to “overpay” to reduce their long-term mortgage liability. According to the financial institution, this offering will enable prospective homebuyers to potentially borrow up to 99 per cent of the property value. This new fee-free deal will enable first-time buyers across England, Scotland and Wales to put down a £5,000 deposit and borrow up to 99 per cent of a property value. Someone buying a typical first-time…
