Advertisement

Lloyds TSB and Leicestershire Council to 'help 400 first time buyers'

Lloyds TSB and Leicestershire Council will offer 'affordable mortgages' for 400 first time buyers Credit: PA

Lloyds TSB and Leicestershire County Council are to provide first time buyers with 'affordable mortgages' which it's hoped will free up houses for rent.

More than 400 families are expected to benefit after the council lent the bank £10 million, so they could reduce the deposit required from applicants.