LETTING & ESTATE AGENT

Cameron Brings Forward Help To Buy Scheme

Cameron Brings Forward Help To Buy Scheme

David Cameron has dramatically bought forward the start date for the help to buy scheme by 3 months, which was due to start in January 2014, but will now start accepting applications this week. The scheme is aimed at those who have previously found it difficult to get on the property ladder.

 

Mr Cameron said "the market was recovering from a 'very low base' and first-time buyers needed help to get on the housing ladder."

 

The scheme allows people to take out mortgages with a 5% deposit (minimum) and the government will loan up to 20% of the house price. The scheme is set to extend for the next three years, so if your planning on selling your property, now maybe the time.

 

For more information on the scheme check out the help to buy website.

 

If you have a property to sell in Southampton then give Martin and Co Southampton City a call on 02380 988881 and we'll be happy to have a no obligation chat with you.