According to recent estimates, nearly a quarter of Brits are reliant on family to buy their first home. However, according to the latest from Kis Finance, things are looking up for first-time buyers.

Changes to the government’s Help to Buy Equity Loan scheme from 1st April, mean that first-time buyers will be able to benefit from regional price caps, which will now limit how much developers can charge for new homes sold under the scheme. Previously the scheme had been available to all buyers, but from this spring only first time buyers will be able to benefit from the 20% equity loan from the government.

 

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