UK to confirm new homebuying equity loan scheme in October budget
Scheme called 'Your First Home' would offer up to 20% government-backed equity loans for first-time buyers.
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UK to confirm homebuying loan scheme in October budget
The British government said on Saturday its new equity loan scheme called "Your First Home" would be confirmed in next month's budget.The policy, a revival of the "Help to Buy" scheme, is aimed at injecting growth into the economy by increasing demand for house building, as well as assisting first…