Property Solicitors Suffolk – New ‘Help to Buy’ scheme

Toby Pound

‘The Chancellor, George Osborne has announced plans to aid growth in the housing market by launching a ‘Help to Buy’ scheme. The aim of the scheme is to support potential home buyers who have at least a 5% deposit. It has been suggested that £3.5 billion of capital spending will be used to fund this scheme. It remains to be seen whether this Government initiative has the desired effect of boosting the economy.’

Toby Pound is a property solicitor at Barker Gotelee, solicitors in Suffolk

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