'Help to Buy' hopefuls set for disappointment

Sarah Coles
On the ladder?
On the ladder?

For first-time-buyers, the government's Help to Buy schemes seem like the answer to all their problems. No longer will mortgage lenders shun their 5% deposit, but they'll be queuing up to lend the money they need to finally get a foot on the property ladder.

Unfortunately many of them are set for a horrible disappointment - because they haven't made the right preparations.