News - Censeo Financial

Deposits cut due to second phase of Help to Buy - Censeo Financial

Written by admin | Oct 10, 2013 10:37:00 AM

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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