Money Blog: Shoppers Disrupted as Tesco Site Crashes; 100% Mortgage Launched

Lender launches 100%, no-deposit mortgage - how it works and what the risks are

A new mortgage has been launched to help people trapped paying sky-high rents and struggling to save a deposit.The home loan, offered by Dutch lender April mortgages, is a 100 per cent mortgage. These loans, which mean you don’t have to have a deposit, have largely disappeared from the market since the financial crisis of 2008. Borrowers will have to fix their interest rate — starting at 5.99 per cent — for 10 or 6.43 per cent for 15 years. Firs…

Money blog: Shoppers disrupted as Tesco site crashes; 100% mortgage launched

Welcome to the Money blog, Sky News' consumer and personal finance hub. Today: our weekly Mortgage Guide explains how it could now be easier to borrow more; a 100% mortgage has been launched; and Tesco's app and website went down on Friday afternoon.

Home buyers offered 100% mortgage: Who can get it?

The new mortgage means someone earning £40,000 a year could potentially buy a home worth £179,600 - even without any savings.

Asda announces it will be scrapping Blue Light Card discount

The Blue Light Card scheme was first introduced during the COVID-19 pandemic The post Asda announces it will be scrapping Blue Light Card discount appeared first on Gedling Eye.

Asda axes key worker Blue Light Discount

Asda is to scrap its 5% Blue Light Card discount for emergency workers, NHS staff, teachers and members of the armed forces. Asda said it is shifting its focus from…