Council Help First-Time Buyers

Nottinghamshire County Council have pledged £15 million to help first-time buyers get on the property ladder.

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Help on the property ladder from County Council

More than 500 first-time buyers in Nottinghamshire could be helped to get a foot on the property ladder thanks to a new mortgage support scheme.

The County Council has set aside fifteen million pounds from its reserves to loan to people struggling to raise a deposit.

The council says the plan will benefit the wider economy.

But critics say it's gambling with taxpayer's money.

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Fastest rise in years for Midlands' housing market

The Midlands housing market has seen the fastest increase in buying and selling for three years Credit: PA

The number of people wanting to buy or sell their houses in the Midlands has risen at the fastest rate in three years, according to a survey carried out by the Royal Institute of Chartered Surveyors.

Last month, an increase in interest from would-be buyers was reported.

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