27-09-2026, 09:18 AM
Burnham announced he's intending on introducing a new 20% deposit loan scheme for first time buyers. Still yet to see the specifics of it including repayment, interest rates, etc. but if it turns out to be a decent scheme (which hopefully won't have some arbitrary age cap) then I will actually be pretty pleased to see it as someone who does want to buy but can't compete with housing prices at the moment.
Obviously a chance it'll just be a debt sink, but we'll see.
Obviously a chance it'll just be a debt sink, but we'll see.