@chrispalmerr: 3 catches in the new 2.5% house deposit scheme 🚩 The government's 20% loan is a percentage, not a fixed amount. If it works like Help to Buy, when your house goes up in value, what you owe goes up with it. You also end up borrowing more in total than on a normal 95% mortgage. And with only 2.5% down, a price fall of about 3% puts you in negative equity. It can still work if you use it to borrow less, not to buy a bigger house. #firsttimebuyer #yourfirsthome #helptobuy #ukproperty #ukpersonalfinance

Chris

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Monday 28 September 2026 17:42:18 GMT