Deposits cut due to second phase of Help to Buy

10 October, 2013

According to a report out by Zoopla, the second phase of the Government’s Help to Buy scheme has reduced the average deposit requirement for buying a property by £33,325 to only £11,108.

Nationally there are 665,000 homes currently on the market which are eligible for Help to Buy 2 (with asking prices under £600,000) at an average asking price of £222,168.

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Censeo Financial is a trading name of Censeo Ltd who are an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Ltd. First Complete Ltd is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products. Censeo Limited is registered in England and Wales, company registration number 06453977, the Registered Address 11b Newton Court, Pendeford Business Park, Wolverhampton, WV9 5HB.

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