In UK, first-time buyers offered GBP 70K deposits by local councils

First-time buyers are being offered deposits of up to £70,000 by their local council to help them on the property ladder, with taxpayers footing the bill if house prices fall.

Source: Telegraph.co.uk

This post was submitted by Mansur al-Hallaj.

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54 Responses to “In UK, first-time buyers offered GBP 70K deposits by local councils”

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  2. Vancouver Construction Industry Slowing? | Vancouver Real Estate Anecdote Archive Says: Reply to this comment

    [...] at vancouvercondo.info March 23rd, 2011 at 10:36 pm- “My buddy works for a company that specializes in a particular component of building [...]

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  4. Well Grounded Or Not? – Fears Of Earthquake Suddenly Affects Richmond Buyer Behaviour | Vancouver Real Estate Anecdote Archive Says: Reply to this comment

    [...] LY at vancouvercondo.info 24 Mar 2011 at 6:48 am – “One of my friend who rents in Richmond was so thankful that she lost in a multiple bid for a house a week before the Japan earthquake. She plans to look for a house elsewhere, [anywhere] except Richmond and Delta.” [...]

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  6. “I wrote my MP and told him a nice story of a guy I know: $900k mortgage care of CMHC; 80% of the property rented to make the mortgage payments; less than $50k per year income.” | Vancouver Real Estate Anecdote Archive Says: Reply to this comment

    [...] at vancouvercondo.info March 23rd, 2011 at 10:56 am- “I wrote my MP and told him a nice story of a guy I know who has a $900k mortgage, thanks to [...]

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  8. LY Says: Reply to this comment

    one of my friend who rents in Richmond was so thankful that she lost in a multiple bid for a house a week before the Japan earthquake. She plans to look for a house elsewhere except Richmond and Delta.

    Current score: 0

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