Is 5% Plan the Key to My First Home? ; Mortgage Deposit Scheme Puts Housing Ladder in Reach
Mail on Sunday › November 27, 2011
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Summary
FIRST-TIME buyers could buy a new home with as little as a five per cent deposit under a new Government scheme. The aim is to boost the flagging housebuilding market and help young buyers on to the ladder.
How will the plan work?See the full content of this document
Extract
Is 5% Plan the Key to My First Home? ; Mortgage Deposit Scheme Puts Housing Ladder in Reach
What has the Government announced? A FORM of mortgage indemnity programme to help buyers - not just first-timers - of new-build homes in England access mortgage funding.
Both the Government and housebuilders will effectively take on som...See the full content of this document
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