Is it a good
idea to buy a house on 100% mortgage?
With the house price shooting off the roof as well as the inflation, i feel the urgency of buying a house asap. i have a secure professional job with good salary, but i only started working a year ago. with student loans, i have no savings at all. i have got offered some 100% mortgages, should i take it out to buy now? or should i wait until i have some savings? someone have any first hand experience? what do people think?i realised that these questions are also viewable by people in the states. sorry, i am currently staying in west yorkshire,england. this is the region where i wish to buy in. thanks for all advice so far.
