Dispel the myth that FTBs must have a 20% deposit

Wilson, Ian
August 2012
Mortgage Strategy;8/27/2012, p26
Trade Publication
The article reports on the launch of NewBuy Scheme, a build scheme for first time home buyers, by the government in Great Britain in March 2012. The scheme will require buyers about five to 10 percent deposits. It also allows buyers aiming for new-build properties to gain 95 percent of loan to value mortgages. The factors that will help the scheme succeed are mentioned.


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