Derby City Council helping first-time buyers onto property ladder

Credit: PA

Derby City Council and Lloyds TSB will today join forces to help first-time buyers purchase a home with a deposit of just five per cent.

The move to help people onto the property ladder, has already been rolled out by some councils across the Midlands, including Lincoln, Nuneaton, Rugby, Stafford and Gelding.

Derby City Council has set aside £1million to help 35 to 40 buyers on to the property ladder through the Local Lend a Hand scheme.