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Labour woos first-time buyers with mortgage guarantee pledge

Source: BBC

Getty ImagesLabour says it will make permanent a scheme designed to ensure low-deposit mortgages are available for first-time buyers, if it wins the general election.The mortgage guarantee scheme was introduced by the Conservatives in 2021 when Rishi Sunak was chancellor of the Exchequer.It was extended until July next year by current Chancellor Jeremy Hunt.Labour leader Sir Keir Starmer said he wanted to "turn…

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