Inside the most popular homes for first-time buyers where only a 5% deposit is needed

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FIRST-TIME buyers don’t have to live in a dive to get onto the property market as we reveal in this round-up of new builds available with just a 5 per cent deposit. The government’s Hel…

This semi in Coventry is on the market for less than £150,000It has three bedrooms - two doubles and one single - two bathrooms, and a separate living room, plus a kitchen/diner.First-time buyers can snap up the property with just a 5 per cent deposit under the Help to Buy equity loan scheme, which would mean putting down at least £7,399.80.This bedroom is tight for space but there are built in wardrobesnear Birmingham for less than £150,000 at £147,996.

You can buy the house with a 5 per cent deposit using the Help to Buy equity loan scheme, which means saving up at least £7,399.80.The property is also available under the government's affordable home scheme but you must meet certain criteria, such as earn a certain level, to qualify for this.This property in Croydon could be good for commuters to Londonhas two bedrooms, one bathroom, a separate lounge and a kitchen/diner for £350,000.

It's the cheapest property in our round-up at just £107,000, meaning you'd need a 5 per cent deposit of £5,350 to snap it up.The house is being marketed by Keymove Bradford, although it's unclear who built it.First-time buyers near Swansea might want to check out this property, which has four bedrooms - two doubles and two singles, two bathrooms, a lounge, and a kitchen/diner.It comes in at £249,995 meaning you'd need at least a 5 per cent deposit of £12,499.

 

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