Are there any government schemes that help first-time buyers to get on the property ladder?

Answer 1

I'm not sure. Some parts of the country run schemes for "key workers" (nurses, firemen, etc.)
I have a funny feeling, that since Mr Blair is a property investor he really wants the prices to go up and up so that he can maximise the amount of money he gets out of selling at the end. HM Gov has lost sight of what houses are for.

Answer 2

there are quite a lot of shared ownership schemes now. you buy a percentage of the property and pay rent on the rest, you can then buy the property outright later when you can afford it. Most housing associtions offer this, but not sure if its also a Government scheme

Answer 3

In Scotland there is the shared ownership property scheme. If you go online and check out your local councils website then they should have more info.

Answer 4

Hi, There are quite a few good things now.
In QLD there is the $7000 first home owners grant and then there is no stamp duty for purchases up to $320K and a sliding scale from there. Also there are heaps of flexible home loans if you start looking that help people take that flying leap... We're just about to go through it... Good luck.

Answer 5

i'm 26 and nonetheless living at living house. living house fee are ridiculous at the moment - getting on the first rung is close to now impossible until eventually you do something drastic. i in my opinion stumbled on a house that replaced into derelict for six years and replaced into in undesirable structure. I traced the owner, made a stupid grant and he usual (to my marvel). The grant replaced into £20K less than what it surveyed at and so as quickly as I were given the deeds i ought to re-mortgatge to launch that £20K and use it for renovations. it really is all tremendous in case your fingers on and ought to do artwork your self, notwithstanding searching an section it truly is less than marketplace fee and promoting it right now on without artwork in any respect on your section also receives you some on the spot money. I did all of this at the same time as i replaced into in about £25K debt, so I did conflict yet I were given via. I now have cleared my ft, have a magnificent motor vehicle and characteristic began my personal company out of this. notwithstanding - nonetheless ain't were given no living house yet LOL. engaged on it regardless of the reality that yet will do up yet another resources to make extra money to get the position i want. however communicate to a economic consultant and consider a one hundred% loan - chin up, you receives one quickly sufficient!

Answer 6

check out hud.gov