LIV-ECO ON THE TV
A £170m Help to Buy scheme has come into force which aims to help people afford new-build properties.
Buyers of new-build homes under £300,000, who have a 5% deposit, can apply for a loan of up to 20% of the property’s value. The Principality Building Society said it will bring “stability and growth” to the housing market. Its chief executive said he understood concerns it could fuel another housing boom but said checks were in place.The programme mirrors a similar one operating in England since last April.
The aim is to boost demand for new build properties and kick-start more housing construction projects.
LivEco director Daniel Ball is interviewed outside the Great House Rise development as part of the broadcast.
CLICK HERE TO SEE THE VIDEO.
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