A LENDER has launched a new mortgage scheme for first-time buyers with just a 5% deposit.
The New Build Boost scheme from Generation H has hit the market promising home buyers with low savings the chance to get on the property ladder.
AlamyGeneration H has launched a new mortgage scheme[/caption]The scheme offers buyers with a 5% deposit a mortgage with an 80% loan-to-value.
Generation H then tops up the remaining 15% with an equity loan, which the buyer has to pay back.
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