Commenting on the product, David Bitner, spokesman for the MarketPlace, said: "This is a cracking product for the first-time buyer market. It is MIG free to 95%, has no arrangement fee, a free valuation and a £300 cashback. Loans up to 95% of the value of the property substantially reduce the level of deposit the purchaser has to find, which can often prove a huge hurdle for many first-time buyers.”
