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Daily Mirror
Daily Mirror
Business
Levi Winchester

First-time buyers have weeks left to apply for Help to Buy scheme - how it works explained

First-time buyers have just weeks left to apply for the Help to Buy scheme before it closes for good.

Help to Buy allows savers to purchase a house using a Government equity loan to help with the deposit.

The idea is that you can have a smaller deposit and still get on the property ladder - although the equity loan from the Government needs to be paid back, with interest.

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