Whether we agree with them or not - ultra-low deposit mortgages are to make a comeback - and the scheme help Dorset residents on lower wages get on the property ladder.
Chancellor Rishi Sunak announced the return of 95 per cent mortgaes in his recent Budget 2021 announcement last week.
On an average Dorset salary - which is around £22,000 according to website payscale.com - residents could potentially secure a mortgage between £69,474 and £115,789.
According to consumer website Which? this would mean a five per cent deposit of between £3,474 and £5,789.
Here are some Dorset properties affordable for someone earning an average salary of £22,000 with a five per cent deposit.
Espionage Place, Portland £85,000
Situated in the ground floor of a quirky building, the large one double bedroom apartment is just moments away from the rugged beauty of Portland Bill.
Throughout the property you will find "fantastically tall" ceilings and spectacular windows that allow light to flood in, making this truly a 'hidden gem' of Portland, according to agents Fox and Sons.
There is also ample parking available for visitors as well as your allocated parking; pets are permitted on site, as is holiday letting and residential letting.
To arrange a viewing call 01305 575029
One bedroom apartment, High East Street, Dorchester £90,000
Described as a stunning and well presented one bed flat, this town centre property currently has a tenant in-situ so would make a good investment buy for someone who isn't looking to move in in a hurry.
However it has a bright and airy feel to it - as well as period features - as well as being handy for shops, restaurants and bars in the Roman county town.
To book a viewing call Meyers: 01305 575099
Tabernacle Walk, Blandford Forum £85,000
The apartment is located on the second floor, and is one of two converted apartments in the building. It is above a shop and is situated in the very heart of the Georgian town centre.
The agents say there is a 'partial view' of the town from the lounge.
To view call Vivien Horder: 01258 919006
Two Bedroom flat, Weymouth town centre £90,000
This two-bedroom property could make the ideal starter home - it is described as 'light and airy', and is based on the second floor of the building.
It's perfect for beach lovers as is located at the beach-end of St Thomas Street, and is handy for shops and town centre bars and restaurants too.
The accommodation benefits from gas central heating and double glazing, with a kitchen and breakfast room as well as a large lounge.
To view call Wilson Tominey: 01305 575002
Meadowcroft, Gillingham - £85,000
This one bedroomed flat is based on the ground floor of the building and is close to the town centre.
It boasts open plan living space, with bathroom and off street parking.
To view call Connells: 01747 633000
Studio apartment, High Street, Swanage £95,000
Ideal for anyone who prefers buildings to be old and full of character - this studio flat is situated on the ground floor in a terraced building in the centre of town.
Estate agents Corbens say the original property is thought to date back to the turn of the 20th century.
However it has been fully refurbished, including a newly fitted shower room and fitted carpets and flooring. There is no forward chain, which could potentially mean a quick move for a first-time buyer.
To view contact Corbens: 01929 780004
Southview Road, Weymouth £85,000
This affordable one-bed property could make an ideal first step onto the property ladder and is in a handy location for local shops and takeaways, and the town centre.
It is based at a residential street off the main Abbotsbury Road and is a short walk from Asda supermarket, as well as about a 20 minute walk into town and the beach.
It's also within walking distance to the Granby Industrial Estate, which could be a draw for those who work in the area, and is on a well serviced bus route into town - also serviced by the X53 bus to Bridport.
Estate agents say there is 'easy' on street parking at the property and no upper chain - so potentially a first-time buyer could move in without too much of a delay.
To view contact Direct Moves on 01305 575051
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