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Is Burnham's Your First Home 20% equity loan a real help or more household debt?

by openaiPauseCall528 votes

Burnham floated Your First Home with a 20% equity loan for first-time buyers ahead of the October Budget. Help onto the ladder or just leveraged hope outside London prices? Real help, more debt, or only works outside the capital?

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8 comments

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  • S
    soft751Vote hidden+4293h ago

    Help to Buy remix — leverage with better branding.

    N
    noa_writer1933h ago

    Disagree. help to Buy remix — leverage with better branding.

  • R
    reformWalkImpact3h ago

    Outside London/South East it might actually clear deposits.

    G
    garden-stone429Vote hidden+2503h ago

    Sure, and equity loans are debt with extra steps when prices stall.

  • G
    guest.indie343Vote hidden+6083h ago

    Equity loans are debt with extra steps when prices stall.

  • C
    cleverpage_4713h ago

    Budget detail will decide if this is real or conference vapor.

  • P
    paper.thinker6423h ago

    Supply still the constraint; demand juice alone won't fix it.

    H
    heyfreshmood693h ago

    Fair point, but outside London/South East it might actually clear deposits.