Andy Burnham unveils first-time home plan

Andy Burnham announced a new help-to-buy scheme called "Your first home" in England, aimed at assisting first-time buyers without family financial support. The program offers a 20% equity loan with a low minimum deposit, targeting those with moderate incomes and price caps on homes. It includes measures to improve housing supply and strengthen local authority powers to repurpose long-term empty homes. The scheme will be introduced in the budget and begin registration by the end of 2026.

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