2.5% deposit, £600,000 price cap: How UK's new home-buying scheme will work
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
The UK government plans to launch a new scheme called 'Your First Home' to assist first-time buyers. This initiative allows qualifying individuals to acquire new-build properties with a minimal deposit of 2.5 percent. Eligible buyers will also receive a government equity loan for...
The UK government plans to launch a new scheme called 'Your First Home' to assist first-time buyers. This initiative allows qualifying individuals to acquire new-build properties with a minimal deposit of 2.5 percent. Eligible buyers will also receive a government equity loan for up to 20 percent of the property's value to ease financial burdens. The scheme is intended to stimulate demand for new housing and support the construction sector.
Original Source
https://timesofindia.indiatimes.com/real-estate/news/2-5-deposit-600000-price-cap-how-uks-new-home-buying-scheme-will-work/articleshow/134518030.cms
