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Braintree district: Delays to mortgage help scheme
9:30am Monday 28th October 2013 in News
Potential homeowners are still awaiting the launch of a scheme designed to help first-time buyers.
The Local Authority Mortgage Scheme (LAMS) had originally been due to launch in Braintree district in June.
But a series of delays mean the initiative, which could help 66 first-time buyers, has yet to become active.
David Bebb, Braintree Council cabinet member for performance and efficiency, said: “We have been a little frustrated wanting to get this launched.
“Various dates have been set with the county council, ourselves and the lender Lloyds, and they’ve been put off.”
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