Shapps widens NewBuy Guarantee scheme

Published on

By Mortgage Soup

Housing Minister Grant Shapps has revealed that the NewBuy Guarantee scheme will also apply to movers as well as first-time buyers.

In March 2012, he plans to launch the NewBuy Guarantee scheme, which brings lenders, builders and government together to offer mortgages on new-build properties with a “fraction of the deposit currently required””

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