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General · 1 hour ago

New help-to-buy scheme offers 20% equity loan for first-time buyers

New help-to-buy scheme offers 20% equity loan for first-time buyers

The "Your first home" programme will help first-time buyers in England who struggle to save a large deposit. They will get a 20% equity loan for new-build homes with a minimum 2.5% deposit and no initial interest. The scheme targets those without family financial support, with income and property price caps in place.

Reported by Guardian · How we write briefs

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