First-Time Buyers to Get Gbp24m Lift On to Property Ladder Housing: Funding Housing: Funding Minister to Announce Shared-Equity Scheme for Areas with Costliest Homes

Summary

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FIRST-TIME buyers are to be given a GBP24 million boost on to the property ladder when a new funding package is launched tomorrow which will see hundreds of Scots enter a shared equity scheme with housing associations.

The announcement comes weeks after it was announced that the number of first-time buyers in Scotland had fallen to a 20-year low.

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Extract

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First-Time Buyers to Get Gbp24m Lift On to Property Ladder Housing: Funding Housing: Funding Minister to Announce Shared-Equity Scheme for Areas with Costliest Homes

Communities minister Stewart Maxwell is expected to unveil the LowCost Initiative for First-Time Buyers (Lift) at the Building Homes for Scotland conference at Holyrood. The ope...

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