Taxpayer help for first-time buyers: Cameron plan to underwrite new mortgages | Mail Online
First-time buyers trying to raise a deposit to get a foot on the housing ladder are to receive a helping hand from taxpayers.
The Coalition today launched a scheme to underwrite mortgages worth hundreds of millions of pounds for new homes.
The Prime Minister promised tough action to help young people own their own home. Many are finding it impossible to get a loan because banks demand deposits of 20 per cent from first-time buyers.
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