Eyeing To Support First Time Home Buyers In Uk, Proportunity Raises Over £100M Equity Funding
Oct 20, 2021•over 3 years ago
Amount Raised
£100 Million
Software
Description
Research shows that 85 percent of renters in the UK want to own their own home but are unable to do so due to high deposit requirements and rapidly increasing prices. This is where the UK Government’s Help to Buy scheme provides a solution for those purchasing new-build properties. However, it serves only 10 percent of FHBs and is set to end in April 2023.
FundzWatch™ Score
85
Medium Activity
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Funding Insights
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