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Housing Schemes Archive
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Firstbuy initiative to help over 10,000 first time buyers
The Chancellor unveiled a new scheme in his Budget speech designed to help first time buyers take their first step onto the property ladder. The scheme, dubbed Firstbuy, offers an equity loan of as much as 20% of the property, in partnership with builders on their newly built properties. The equity loan does not carry [...] -
Are First Time Buyers missing a trick?
Halifax published research this week that points to a lack of awareness of affordable home ownership schemes that could provide a useful alternative to buying a home outright. Shared ownership and shared equity schemes both offer the ability to cut the cost of taking the first step onto the property ladder. Remarkably, almost three quarters [...] -
New Housing Scheme Launched by Boris Johnson/CML Views on Affordable Housing
London Mayor Boris Johnson, recently outlined a new initiative aimed at helping Londoners get on the housing ladder. The scheme adds to the multitude of affordable housing schemes already available, and aims to provide around 3000 new homes at a cost of £135 million. The properties would initially be available on subsidised rents, but offered [...]