Are lenders in the UK adjusting mortgage criteria or offering new products in response to the growing trend of gifted deposits for second-steppers?
Quick Answer
Lenders are adapting to gifted deposits for second-steppers by refining criteria, not necessarily offering new specific products, to ensure regulatory compliance and affordability.
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Discover how UK lenders are adapting to gifted deposits for second-steppers, including criteria, what to avoid, and crucial steps for buyers.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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