Leeds cuts shared ownership by 0.70pc

Robyn Hall

January 22, 2013

The product is designed to help first-time buyers onto the housing ladder and offers a free standard valuation up to £335 with no higher lending charge.

Phil Coombes, Leeds’ head of intermediary sales, said: “We are all well aware of the difficulties facing first-time buyers buying a home They can often struggle to meet the full asking price or their current income is insufficient to support a full mortgage.

“There is no doubt that this product will prove attractive to those clients who are ready to make the first step into home ownership.”

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