Buy a London flat on a credit card

Jess Bown
young business woman making...
young business woman making...

%VIRTUAL-SkimlinksPromo%A new Docklands development in east London is offering first-time buyers the chance to secure a £250,000 apartment with a deposit of just £2,000 - or 0.8% of the purchase price.

It's the sort of downpayment that could be made using a credit card, and that has prompted fears of a return to the pre-recession days of "easy credit".