New homes will be 30% cheaper for local first-time buyers under a new Government scheme
NEW homes will be almost a third cheaper for local first-time buyers under a scheme unveiled by ministers.
And the discount will be locked in to the property’s price to ensure it is sold on at well below the usual asking price, to help the first-time buyers of the future. The plan, a Tory manifesto promise, is the first in a major drive by Boris Johnson’s government to get more young people on the property ladder and solve Britain’s chronic housing crisis.
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