LDJ Solicitors

Good News for First Time Buyers!

Good News for First Time Buyers!

Chancellor George Osborne announced in his budget dramatic new measures to boost the housing market. A help-to-buy scheme is to be introduced for prospective purchasers struggling to find mortgage deposits.

This will include £3.5bn for shared equity loans, a government interest-free loan worth 20% of the value of a newly built home, and a new mortgage guarantee pot of £130bn to help people struggling to provide a deposit.



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