Scheme will open ‘relatively few doors’, critic says, as lenders line up to offer sub-2% dealsA government scheme offering homebuyers in London interest-free loans of up to £240,000 has gone live, but critics say it will open “relatively few doors” for priced-out households.Help to buy London is an extension of an existing scheme which offers loans for buyers of new-build properties, allowing them to purchase a home with a deposit of just 5%. Continue reading…
Source : theguardian.com
Read more…Help to buy London launches, but expert questions its reach