Earnings limit of up to £140K for first-time buyers loan scheme

Households will need to earn less than £110,000 to qualify for the government's new loan scheme for first-time buyers, or £140,000 for homes bought in London.
As first reported by The Times , external , the earnings limits are expected to be confirmed at the Budget next week.
The Your First Home scheme will offer government-backed equity loans worth 20% of new-build properties in England bought from participating developers.
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