If you are buying a new build, you should be aware of the new and exciting scheme called the NewBuy scheme which is being supported by the Government.
This new scheme will allow purchasers to buy a new build home with a 95% mortgage, this will of course be a great help to struggling first time buyers who are unable to find the extra 10% or even 15% deposit.
This scheme is available through various builders and is not only open to first time buyers but also existing home owners.
There is a great need for new houses to assist with our ever growing population and we feel this scheme is just what the market needs.
Louisa Dearlove, Conveyancer