NewBuy scheme opens the door to first-time buyers
A scheme for buyers with just a five per cent deposit has been announced by the Prime Minister. David Spittles looks at the details and where to buy
26 February 2016
David Cameron peaks to Lianne Cowdry, 27, and her partner Neil Henderson, 29, at a Barratt show home promoting the NewBuy scheme in Lewisham
'The key thing is that buyers will no longer need huge deposits of up to 20 per cent. This is a game-changer for creditworthy buyers'
Buyers with a £10,200 deposit or more can apply for one of the 788 flats in Renaissance, Lewisham, which start at £204,000 and qualify for the NewBuy plan
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Osiers
The Renaissance building has 788 flats in a high-rise apartment block in Lewisham. Call Barratt on 0844 815 6179