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First Time Buyers
With the rising cost of housing it has become significantly more difficult for first-time buyers and as a result people are increasingly seeking alternative means of getting on the property ladder. Buying with family members or close friends is becoming more popular, maybe you could take part in a shared ownership scheme. This may allow you to buy a percentage of your home, and then pay rent on the remainder, with the option of increasing your share as and when you can afford it. Many of these homes are new-builds, with initial shares starting from around 25-30%, some with the eventual option of owning the whole property. To find out more information visit the Communities and Local Government Advice website.
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