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Help From The Government. Where?
Comments
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Hi there. Were wanting to buy our 1st house and cant because of the current market and banks wanting huge deposits. We have 10% at the moment.
Does anyone know where to find information about the help the government is giving to first time buyers to help with larger deposits.
Many thanks
Steve and maria
you need to have a household income of less than £60k and aren't able to buy a property on the open market without help.
http://www.direct.gov.uk/en/HomeAndCommunity/BuyingAndSellingYourHome/HomeBuyingSchemes/DG_4001347
have a look at this and see where you fit in0 -
Thanks for the info. I'll look into it. As for "Its tax payers money" They don't give you the money. You borrow it and pay it back with interest. As they go on 3.75 times your salary we couldn't even buy a house of the average price. It would be nice to get a council house for my family but thanks to Mrs Thatcher selling them off there aren't any available.0
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Why would you want a council house when you can afford to buy? And it is taxpayers money. It may be a loan, but it will be adding to government borrowing that will have to be repaid by taxpayers. Why do so many people demand the government do things they are perfectly capable of doing themselves?Been away for a while.0
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