‘Sweat equity’: homebuyers turn builders for £10k off their mortgage

‘Sweat equity’: homebuyers turn builders for £10k off their mortgage

In exchange for 500 hours of work, the schemes can provide more than just a route to home ownership

A scheme that enables people to get thousands of pounds off their mortgage in exchange for mucking in to build their home could provide a route to ownership for those struggling to raise a big enough deposit.

Work recently finished on an affordable housing development in Greater Manchester where buyers were given a £10,000 contribution towards their mortgage deposit.

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