£4.1m county council money to help buyers
More money to help home-buyers get on the property ladder is being proposed as part of next year's council budget.
Gloucestershire County Council will receive £4.1million more than expected from its council tax base and this money is being used to invest in new schemes, boost existing services and help pay off debt.
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The extra investment will provide £200,000 for the next phase of the Local Authority Mortgage Scheme to help first-time buyers who have not got deposits to buy a home.
This takes the council's 2013/14 investment up to £1million and the overall figure to £2.2million since the scheme began.
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Cabinet be asked to agree the proposed budget at its meeting today.
The recommendation will now be put before Full Council on February 20 for ratifying.
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