A NEW scheme has been offered by a housebuilder to help first time buyers into the housing market.
The new scheme, offered by Barratt Homes Yorkshire East, is exclusive to first time buyers only and is available on new properties that are built after April 1.
Paul Hogan, sales director at Barratt Homes Yorkshire East, said: "We’re looking forward to assisting property seekers with their move."
The scheme allows buyers to purchase a new home with just a five per cent deposit and a 75 per cent mortgage. The remaining 20 per cent is funded by an equity loan, interest-free for the first five years and repayable on the sale.