ITV News published this video item, entitled “New mortgage scheme to help buyers with 5% deposits to be revealed | ITV News” – below is their description.
A mortgage guarantee scheme aimed at helping aspiring homeowners with small deposits onto the property ladder and firing up the market is set to be announced in Wednesday’s Budget.
Chancellor Rishi Sunak is also expected to announce a dedicated unit to crack down on Covid-19 fraud and more funding for apprenticeships, when he lays out his plans in the House of Commons.
Under the new plans, buyers will be able to purchase properties worth up to £600,000 with a deposit of just 5%.
ITV News YouTube Channel
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