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Follow on Google News | Cotswold Financial Planning Welcome First Time BuyersThere have been a number of recent government initiatives designed to assist first time buyers enter the property market...
By: Cotswold Financial Planning Recent developments such as the government's Help to Buy scheme are becoming extremely popular in Britain. The Help to Buy scheme is made up of equity loans that are worth up to 20% of a new home's value. New buyers only need to raise a 5% deposit on a property worth up to £600k, and then a fifth of the price of the property will be covered by a government-provided loan, interest free for 5 years. After this five year period, there is a 1.75% charge on the loan - giving young homebuyers a chance to get settled before accounting for interest payments. Schemes like these are aimed at improving the chances of young people to buy homes in the UK, and Cotswold Financial Planning are determined to ensure that prospective homebuyers have all the assistance they need in accessing the benefits available through government-backed incentives. The Cotswolds is a dynamic area of England, and the housing market here is fast-paced. New home developments are being built across the area, and the access routes from the Cotswolds to Central London, the West, and the North of England are a major benefit, and means that it is an ideal location for young professional commuters. Cotswold Financial Planning offer a range of services for first time buyers, and they provide a "First Time Buyers Guide" for free download on their website. For more information about Cotswold Financial Planning's services to first time buyers, visit their website: http://www.cotswoldfinancialplanning.co.uk/ Or call: 01608 651608 Address: 10 a Astley House Cromwell Park Banbury Road Chipping Norton OX7 5SR End
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