Wales NewBuy to launch in spring

Dec. 1, 2012
NewBuy, the mortgage indemnity scheme, will be rolled out in Wales next spring. The Welsh government announced the three-year scheme in partnership with housebuilders which will be available to first time buyers across Wales and in areas of "housing pressure" in the country. Similar to NewBuy in England, the government and housebuilders will be guarantors on the 95% LTV mortgage …

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