Lloyds TSB offers first time buyers a 'helping hand'.

First-time buyers are to be offered subsidies of up to £70,000 from their local authority under the "Local Lend a Hand" scheme from Lloyds TSB.

But very few people will be eligible, at least at the outset, as only five councils have signed up so far. Here we look at other ways in which first-time property buyers can get a leg-up on to the property ladder.

This scheme, launched in 2009, is a variant on Lloyds' Local Lend a Hand scheme. Instead of the local council depositing 20pc of the property value with the bank as a surety, the borrower's parents do it instead.

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