Burnham announces Your First Home scheme for first-time buyers

Summarised from 5 outlets · Updated 26 Sept, 19:36 · Archive

Prime minister Andy Burnham has announced a new scheme called Your First Home to help first-time buyers without family financial support.

Prime minister Andy Burnham has launched Your First Home, a new scheme designed to help first-time buyers in England who have regular income but lack savings for a large deposit or family financial support. The programme targets people who cannot rely on the 'bank of mum and dad'. According to The i Paper, buyers could obtain a home with a deposit as low as 2.5 per cent. The Independent reports that funding is expected to come from reprioritising existing government budgets.

How it is being reported

• How Burnham’s ‘Your first Home’ scheme could help first-time buyers onto property ladderThe i Paper · 26 Sept, 19:30
• New scheme to get first-time buyers on housing ladder announced by BurnhamSky News · 26 Sept, 18:15
• Burnham announces new ‘Your First Home’ scheme to help first-time buyers onto housing ladderThe Independent · 26 Sept, 18:00
• Burnham announces scheme to help first-time buyers onto housing ladderBBC Politics · 26 Sept, 17:54
• Andy Burnham announces new homes scheme for first-time buyersGuardian Business · 26 Sept, 17:19

In this story: Andy Burnham · England

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem