Government pledges £10 million to help first-time home buyers
Jersey's Housing Minister hopes the move, due to be formally announced in September, will boost a slowing property market.
Jersey's Housing Minister hopes the move, due to be formally announced in September, will boost a slowing property market.
Jersey mortgage expert Peter Seymour believes many prospective first-time buyers will be priced out of the market by the latest hike in interest rates.
Only 22% of flats were bought by first-time buyers in Jersey.