Budget 2011: First-time buyer scheme aims to open up housing ladder | UK news | guardian.co.uk
First-time buyers were thrown a lifeline by George Osborne in today's budget in the shape of a £250m assisted deposit scheme for new homes.
The First Buy scheme will be open to those with a household income of less than £60,000 a year who can put down a 5% deposit on a new home – but housing industry insiders claim it is "window dressing the wider problem" and will benefit the construction industry more than first-time buyers.
Those who qualify will be eligible for a loan worth up to 20% of the value of the property, jointly funded by the government and housebuilders. The loan will be interest-free for five years and only be repayable when the house is sold
Oxford Homes Direct are estate agents in Oxford. Letting agents,Oxford. House to rent Oxford. Property for sale Oxford. Flats in Oxford for rent. House for sale Oxford. Apartments for rent Oxford. Find houses Oxford. Rooms to rent Oxford. Homes direct in Oxford. Make the right move & find Oxford apartments, estate agents Oxford. www.oxfordhomesdirect.co.uk Oxford estate agents & Oxford letting agent. Rightmove, Oxford. Primelocation, Oxford. Rightmove, Oxford
No comments:
Post a Comment