Bob Hunt is chief executive of Paradigm Mortgage Services
You’re a potential first-time buyer looking at the current housing market and thinking that, with the launch of the government guarantee scheme, the relaunch of Help to Buy scheme specifically for you, the re-emergence of 95% LTV mortgages, house prices appearing to be (relatively) stable, and government assurances of greater housing supply, that now would be a good time to become an owner-occupier.
After all, according to Halifax, in the last 12 months alone renters are £800 a year worse off than those who have been able to buy. Time to get your skates on.
Newcastle Intermediaries relaunches Help to Buy range