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Housing Scheme 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 [...] -
What the papers say- 26th – 27th September 2009
Alternative methods of purchasing a property were the order of the day this weekend, with The Guardian reporting on the return of the 100% mortgage, albeit in the form of a shared ownership scheme. The Mansfield Building Society has teamed up with the South Yorkshire Housing Association to offer the product, allowing buyers to purchase [...]
