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5% Deposits? | 2021 Budget Reaction for UK Property Market

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In this video I react to the news that in the 2021 budget, the UK Chancellor, Rishi Sunak, announces a new home buyer initiative to help first time buyers get onto the property ladder with only a 5% deposit.

I recorded this slightly before the announcement was made as this was leaked a few days ago, but I describe why it might not be as positive on the surface as it may seem at first glance.

But what do you think? Give me your thoughts in the comments below.

#budget2021 #ukproperty #ukbudget

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Sam Norris is director and owner of Grand Union Finance, a 21st Century Property Finance Brokerage servicing top property professionals to enable them to flourish using the power of finance.

Sam is also the host of the popular podcast "Game of Loans", where he talks to amazing guests from within the business and property niches.

Be sure to check out the podcast and drop a comment to let us know your feedback!

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