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NatWest to accept FirstBuy applications

NatWest Intermediary Solutions is to accept applications from home buyers using the Government’s new FirstBuy shared equity scheme for new-build properties.

The scheme, which was formally announced on June 20, will offer applicants an equity loan from the Government and house builders for up to 20 per cent of the property’s value. Home buyers will have to save a minimum deposit of 5 per cent to qualify.

NatWest Intermediary Solutions head of sales Mark Bullard says: “I am really pleased that we are able to announce the continuation of our support for the Government’s shared equity scheme programme as it underlines our commitment to helping people to purchase their first property.”

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