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First-time buyer hopeful after new mortgage scheme is launched

Christina is hoping to buy her first property thanks to a new scheme in Leicestershire Credit: ITV Central

First-time buyers in Leicestershire can apply for mortgages which require only a 5% deposit, designed to help more people onto the property ladder.

This is first-time buyer Christina East looking at properties in an estate agents.

Christina is hoping to buy under the new scheme run by Leicestershire County Council & Lloyds TSB which will allow her to borrow 95% of the value of the mortgage rather than 90%.

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