Today news
Boris Johnson
Alexander Boris de Pfeffel Johnson Hon FRIBA (born 19 June 1964) is a British politician, writer, and former journalist serving as Prime Minister of the United Kingdom and Leader of the Conservative Party since 2019. He was Foreign Secretary from 2016 to 2018 and Mayor of London from 2008 to 2016. Johnson was Member of Parliament for Henley from 2001 to 2008 and has been MP for Uxbridge and South Ruislip since 2015. Ideologically, Johnson identifies as a one-nation conservative.
Related News
Budget 2021: First-time buyers to get major mortgage boost with return of 5% deposits
Reading now: 764
mirror.co.ukYoung first-time buyers will be given a boost in next week's budget by the return of 95% mortgages. The new scheme, to be unveiled by Chancellor Rishi Sunak on Wednesday, will see more mortgages with deposits of just 5% made available.
The Tories are trying to stimulate the housing market and get more younger people onto the housing ladder. Boris Johnson said he wants to "turn generation rent into generation buy".
Mortgages with 5% deposits have been stopped by most banks during the Covid pandemic. The new scheme is to be a successor to the Help to Buy mortgage scheme introduced by David Cameron and George Osborne in 2013, and Treasury officials are hopeful it could have a big impact on the market, the Times reports.
Read more on mirror.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
