NewBuy gathers momentum

Oct. 1, 2012
NewBuy, the government-backed mortgage scheme which enables home buyers to purchase a brand new home with a 5% deposit, has hit 1,300 registrations according to the Home Builders Federation. The initiative is six months old and started with seven builders and four lenders – there are now 30 builders selling homes with NewBuy and six lenders, the latest being Aldermore. …

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