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Your First Home Scheme Limited to New Builds | Markets & Money News
The Government's new scheme, Your First Home, aims to assist first-time buyers with only a 2.5% deposit and a 20% equity loan, but it only applies to new-build homes. Experts argue that extending the program to include older properties could help level the playing field for buyers. While the initiative aims to stimulate the housing market by encouraging new construction, previous schemes have faced criticism for inflating new-build prices. Upcoming announcements may provide further clarity on
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