Home buyers in the UK are taking on second jobs and additional loans to pay for deposits on properties.
A Santander survey revealed that 28 percent of hopeful homeowners are taking on second jobs and working overtime to gather extra funds.
It was recorded that another 27 percent of buyers are opting for unsecured loans, while others are hoping to share the payment with friends or lease out rooms.
Phil Cliff, Director of Santander Mortgages, said that because of the market’s tough nature, it is “no wonder people are becoming increasingly resourceful when it comes to raising (a) deposit.”
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