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Live News EQUITY FLASH L impact

Rightmove says “Your First Home” scheme could cut first-time deposit to 2.5%

Rightmove analysis of a proposed “Your First Home” scheme for England’s new-build first-time buyers cites a 2.5% minimum deposit, a 20% government-backed equity loan and an initial interest-free period; it notes mortgage rates remain elevated and decision variables are unresolved.

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