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Evening Standard
Evening Standard
Business
Charlotte Duck

Save to Buy: new one per cent deposit scheme launched for first-time buyers in London

Fairview New Homes has already launched its Save to Buy scheme in Epping Gate and is now rolling it out at the Dock28 development in Woolwich, allowing first-time buyers to use monthly rental payments to build up a deposit.

The scheme sees first time buyers live in a property and pay monthly ‘rent’, determined by the area’s average rents along with personal affordability.

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