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First-Time Buyer Loan Scheme Caps Earnings at £140K

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A new first-time buyer loan scheme in England will offer government-backed loans for new-builds, with an earnings limit of up to £140,000.

A new government-backed initiative, the Your First Home scheme, is set to offer loans for individuals purchasing new-build properties in England, according to BBC Business. This first-time buyer loan scheme will implement an earnings limit of up to £140,000 for eligible participants. For readers following broader market updates , this development highlights ongoing efforts to support homeownership in specific segments of the housing market.

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