The Ezy-give scheme aims to help young people own their first home by allowing parents, family or friends to pay 20% of the purchase price.
Through the Ezy-give scheme, the homebuyers will have a smaller mortgage, a lower interest rate, and the relative or friend lending the money also gets a 5% return for 5 years after the purchase.
- Aims to help young people to own their first home.
- Enables relatives and friends to help with the purchase of a new home.
- The relative or friend receives a 5% annual return on the money they have lent for 5 years.
- The homebuyer benefits from having a smaller mortgage.