Wanting to buy your first home? Well house prices have fallen for the first time since 2012 and have fallen by 0.2%.
The average house price in the country is currently £219,649 and with a 0.2 per cent decline, buyers are saving themselves £440.
Now this might not seem a lot, but every little helps doesnt it?!
There are lots of schemes that the Government have introduced now to help new buyers get onto the housing ladder. Some of which are:
- Help to Buy Loan: A scheme aimed at people who have a 5% deposit and would like to buy a house less that £600,000. The Government will give you 20 per cent of the property value!
- Starter Homes: If you are a first time buyer under the age of 40 then the Government will offer you a 20 per cent discount on the market value of the property!
Join the discussion here and let us know what you think! If you are looking to buy your first home then call our #cavendishexperts on 0115 941 0656 and we will be happy to help.