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Help to Buy: first-time buyers on the property ladder

13 May 2013 Last updated at 11:34 BST

The Chancellor announced that the Treasury would underwrite mortgages for people who can find a 5% deposit to help them get on the property ladder.

But there are fears the Help to Buy scheme for first-time buyers could have unintended consequences, and could inflate another property bubble.

Adam Fleming reports on how the scheme is working in the East Midlands.

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