The government is offering help for despairing new comers to the tough property market mortgage indemnity scheme.

Real Struggle

For many it's a real struggle to muster the amount of money needed to get a deposit on a new home.

John Wren, from property company Strata, says “it’ll have a big impact big impact on the number of people who’ll come through the door to buy.”

But the government hopes that these measures will help people borrow up to 95% of the property’s value.

Make things easier

Alex Van Hoof, a first time buyer from Sheffield, is excited about the new proposals and says “I think it would make it a lot easier as it would mean less waiting to move in”.

But he still thinks “the biggest challenge is trying to get the money together to buy the house”.