Banks uncertain on early Help to Buy launch

Banks uncertain on early Help to Buy launch

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Business

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The government plans to revive the economy by launching a home loan guarantee scheme earlier than expected. However, banks like Lloyds and RBS are not ready due to lack of information. Barclays is optimistic but awaits further details. Experts suggest that once the government finalizes the scheme, others will follow. Halifax is expected to announce mortgage rates, with 95% loan-to-value mortgages anticipated.

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What new insight or understanding did you gain from this video?

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