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Chronicle Live
Chronicle Live
National
Levi Winchester & Aaron Morris

Just weeks left for first-time buyers to bag Help to Buy deals - how it works

First-time buyers are warned that they only have weeks left to apply for the Help to Buy scheme before it closes forever.

Help to Buy allows savers to purchase a house by using a Government equity loan to help out with their deposit. The idea behind it is that you are able to have a smaller deposit while still landing yourself on the property ladder.

However, the Government loan must be paid back, with interest.

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