Scheme to help first time buyers
Posted on 21st September 2011
Are you are a UK resident struggling to secure a mortgage as a result of the large deposits required? Then FirstBuy, a brand new government scheme could be the perfect option to get you on the property ladder more affordably!
FirstBuy is a brand new affordable housing Equity Loan from the Homes and Communities Agency, working in partnership with house builders all over England. If your household earnings are under £60k, you could secure a mortgage for a brand new home in your neighbourhood with as little as 5% deposit.