{"id":815629,"date":"2026-10-27T16:46:13","date_gmt":"2026-10-27T16:46:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/815629\/"},"modified":"2026-10-27T16:46:13","modified_gmt":"2026-10-27T16:46:13","slug":"shrewsbury-first-time-buyer-wary-of-budget-housing-loan-scheme","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/815629\/","title":{"rendered":"Shrewsbury first-time buyer wary of Budget housing loan scheme"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">For Luke Anstee, buying a first home would mean more than getting on the property ladder.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The 23-year-old hopes it would give him the chance to put down roots after spending much of his childhood moving around because of his father&#8217;s Army career.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Further details of the government&#8217;s proposed Your First Home scheme are expected in Wednesday&#8217;s Budget, with ministers saying it could help first-time buyers purchase a property with a deposit as low as 2.5%.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Anstee said he had rarely lived in one place for long.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I don&#8217;t think I&#8217;ve ever stayed in one place for more than three years at a time, so it would be nice to actually have somewhere where I can stay,&#8221; he said.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Having spent 10 years in Germany and moving around the UK, he said he was craving stability and the opportunity to buy a place of his own.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Despite saving money every month for the past three years, he believes home ownership is still some way off.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;It is not where I would like it to be. When I can, I try and put more in, but one of the things I am mindful of is that I am in my final year of university,&#8221; he said.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I am over the threshold of when I have to start paying [my student loan] back.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"For Luke Anstee, buying a first home would mean more than getting on the property ladder. The 23-year-old&hellip;\n","protected":false},"author":2,"featured_media":815630,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,56,54,55],"class_list":["post-815629","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-gb","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/815629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=815629"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/815629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/815630"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=815629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=815629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=815629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}