Brokers have suggested that schemes like the shared ownership programme can prove effective in helping more first-time buyers onto the ladder, and prevent homeownership becoming an 'elite privilege'.
A study last week from Yorkshire Building Society revealed a downbeat attitude among prospective first-time buyers about their purchasing prospects, with the majority believing homeownership is rapidly becoming a privilege reserved only for the wealthiest.
Brokers were divided on how true this really is in practice, though some were keen to highlight that support programmes like shared ownership offer a route through the difficulties faced by many would-be homeowners.
Calculate your Monthly Mortgage Costs here on this link - Enquire Here!
Link to Original Article: Mortgage Solutions - How to stop homeownership becoming an elite privilege broker analysis help for First Time Buyers