This is one of the most popular homes for sale in Reading right now and it could be yours with just a 5% deposit.

On Wednesday, Rishi Sunak announced a new government-backed mortgage guarantee scheme as another approach to help more people onto the property ladder.

The mortgage guarantee scheme will be available to current home-owners as well as first-time buyers looking for a property for up to £600,000.

The initiative will be available from April and will provide a guarantee to lenders across the UK who offer mortgages to people with a deposit of just 5 per cent.

READ MORE: Live reactions from across town as Banksy confirms Reading prison mural

And with the dream of owning your first home becoming more of a reality, here's the most popular home for sale in Reading right now.

An 'investment' three bedroom home is up for sale in Reading for £275,000.

Garden

Garden

It's perfect for a first-time buyer to make their stamp on the home and is a close walk to Reading University and the town centre.

It has a modern fitted kitchen, large rear garden and off-road parking.

ALSO READ: The 8 best beer gardens in Berkshire (according to readers)

Zoopla said: "Buy to let investors only - A three bedroom mid terrace home with Tenants currently in situ until August 2021, this property is in close proximity to local schools and amenities.

"With a modern fitted kitchen and a spacious living room, the house has great investment potential offering generous sized rear garden and off road parking."

Visit Zoopla for more details.