Barclays (LSE: BARC) has become the first High Street lender in years to offer a 100% mortgage… sort of. While first-time buyers need put down no deposit for its Family Springboard mortgage, parents are still on the hook.
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Is Barclays PLC taking a risk by bringing back 100% mortgages?
VIDEO: Owain Bennallack takes a closer look at Barclays plc (LON:BARC).
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
