Powys Housing News

Local Authority Mortgage Scheme launched

Powys County Council, in partnership with Lloyds TSB, has recently launched an initiative to help first time buyers in the county.

Under the scheme first time buyers will be able to secure beneficial mortgage rates with much lower deposits required. The scheme applies to first-time buyers only and to existing properties - that is not new build or self-build. Also, naturally, Lloyds' lending criteria applies with a maximum loan value set at £175,000.

Those interested in the local scheme should visit their local branch of Lloyds TSB for more information.

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23 Aug 2012 15:47

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