NewBuy, the scheme that enables home buyers to purchase a brand new home with as little as 5% deposit has broken through the 1300 reservations mark - and six months on from launch is starting to really take off.
At launch it had seven builders and four lenders on board. There are now over 30 builders selling homes using NewBuy and this week a sixth lender, Aldermore, announced it is offering NewBuy mortgages.
Source: propertytalk Live!.