What the Budget Means for First-Time Buyers in Wales
The scheme will help 70,000 people with a government-backed equity loan that could cut monthly payments by hundreds of pounds, officials said.
5 Articles
5 Articles
What the Budget means for first-time buyers in Wales
The Chancellor has announced a new Your First Home scheme, designed to help 70,000 people onto the property ladder. The scheme will provide support for eligible first-time buyers purchasing new-build homes, with the Government saying it could save buyers hundreds of pounds each month. However, the scheme will only be available in England, meaning first-time buyers in Wales, Scotland and Northern Ireland will not be eligible. In Wales, buyers can…
Housebuilder shares jump on first-time buyer scheme
Households earning more than a combined £110,000 are set to be excluded from the revived Help to Buy scheme, the Autumn Budget confirmed. First-time buyers earning over a combined £110,000 outside London will be locked out of benefiting from the £4.7bn government-backed funding providing equity loans in the Your First Home Scheme, and £140,000 inside [...]
Are you a first-time buyer in England? Would the government’s Your First Home scheme help you?
England's new Your First Home scheme offers first-time buyers a 20% government-backed equity loan and reduces required deposits to 2.5%, potentially saving hundreds monthly on mortgage payments.
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