article_snippet: The scheme could cut the average time taken to save for a deposit by up to a year.
article_snippet: It will help combat the issue which really affects first-time buyers who complain that they cannot save as quick as house prices are rising.
article_snippet: However, steep rises in house prices around the country – particularly in brokers London & Country and the South East – mean that it is becoming increasingly difficult for many to save the deposit needed.
article_snippet: This rewards positive savings behaviour and makes a real difference in helping young people get on to the property ladder faster.
article_snippet: The significance of something like this is monumental for us because it could halve the time it takes us to put enough aside for a deposit.