The 2.5% Deposit Trap

Podcast: The Flying Frisby - money, markets and more · Dominic Frisby

Opublikowano: 2026-09-27

There are so many ways to bring down the cost of new build in the UK, chief among them reduced regulation, planning and taxation. So I was most disappointed, putting it mildly, to see Prime Minister Andy Burnham’s new initiative, Your First Home, which will give government-backed equity loans of 20% to first time buyers, who will now be able to buy new build property with just a 2.5% deposit. Initially, that 20% will be interest-free. This is just another means to saddle young people with debt. As if student loans weren’t bad enough. Unlike period prop...