Get a Home, Not a Headache – Shared Ownership and Help to Buy explained
There are a growing number of affordable ways first time buyers can get onto the property ladder
There are a growing number of affordable ways first time buyers can get onto the property ladder
Housing and Planning Minister Brandon Lewis tells Rightmove about the Government schemes that could help open the door to owning your home.
At this week’s Budget, the big news for anyone hoping to buy a house for the first time was the announcement of a Help-to-Buy ISA.
Prices of property coming to market in London up by 2.1% (+£11,217) this month.
Average asking prices of property coming to market hit new record high of £255,962 – up 1.6% on last month and 6.8% on last year.
The Government-backed Help to Buy scheme is available on all homes at Lincoln Gardens and has already helped bring a family closer together.
With Help to Buy, buyers only need five per cent of the value of the property as a deposit.
There has been debate that a reduction in the upper limit is required to reduce buyer demand, especially in the London market.