Andy Burnham has announced a new help-to-buy scheme, 'Your first home', offering a 20% equity loan for new-build homes in England with a 2.5% minimum deposit. It targets first-time buyers without family financial support, with income and price caps. The scheme, funded by reprioritising budgets, opens for registration by end of 2026.
Burnham Unveils 'Your First Home' Scheme for First-Time Buyers
Source: theguardian.com