Reallymoving: First-time buyers helped by shared ownership expansion

Reallymoving: First-time buyers helped by shared ownership expansion

First-time buyers have been “thrown a lifeline” from the shared ownership expansion unveiled by the UK Government according to reallymoving, a service providing instant quotes for home moving services.

From April 2021, the minimum share for those purchasing homes through shared ownership will be reduced by more than half, from 25% to 10% in hopes to make the scheme more accessible.To continue with this story please click here
Source: Property Wire


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Despite the headlines, first-time buyers in Attleborough are not locked out of homeownership. When you look beyond prices and focus on monthly mortgage costs, affordability today is far better than many realise. The data challenges the doom narrative and shows that, while deposits are tough, buying a first home is still possible.