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LSL Financial Services welcomes the new 2.5% deposit scheme but warns first-time buyers could delay new-build purchases until details are confirmed.
Government announcement sparks a rally in FTSE-listed housebuilders, but there are still a lot of unknowns
City and Country backs Andy Burnham’s Your First Home scheme, offering first-time buyers 2.5 per cent deposits and government-backed equity loans up to 20 per cent.