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Evening Standard
Evening Standard
Charlotte Duck

New build 95 per cent mortgage scheme offers boost to London first-time buyers

Getting a deposit together, while forking out for rent, is one of the biggest barriers to Londoners getting on the property ladder.

Propertymark recently found that, to save up a 10 per cent deposit of £36,000 for an ‘average first-time buyer home’ in London, takes households in the capital around eight years.

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