<p>Under a ‘concessionary purchase’, property owners can agree a cut-price sale to incumbent renters to save costs</p><p>A growing number of people are taking out a little-known type of mortgage that allows them to buy a property without having to put down a deposit.</p><p>Several lenders offer “concessionary purchase” mortgages, meaning that a tenant can buy the property they are living in from their landlord at a marked-down price.</p> <a href="https://www.theguardian.com/money/article/2024/jul/01/the-no-deposit-mortgage-that-lets-tenants-buy-the-home-they-live-in-with-a-gift-from-the-landlord">Continue reading...</a>
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