News - Midlands
Shared-equity schemes a hit with house buyers
First-time buyers and renters in the East Midlands have given strong backing to shared-equity schemes, which are designed to help people get onto the housing ladder. An online survey, commissioned by Miller Homes, one of the UK's leading independent housebuilders, has shown that 51 per cent of first-time buyers understand and approve of the shared-equity concept, despite the fact that it was only launched in March of this year. Some 36 per cent of the 3,000 first-time buyers and renters surveyed would actively consider shared equity as an option to help them purchase their first home.