Thursday, 17 November 2011

Ministers plan to guarantee first time buyer mortgages to get property market moving | Mail Online

Ministers plan to guarantee first time buyer mortgages to get property market moving | Mail Online

Ministers are set to announce a radical scheme that would help thousands of first-time buyers to get a foot on the housing ladder.
George Osborne is expected to reveal the Government will back ‘mortgage indemnity guarantees’ for those who can’t raise enough for a deposit.
Business leaders have called for the move to jump-start Britain’s stalling housing market and to help more young people buy their own homes.

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