Robert Jenrick Coronavirus Department experts Robert Jenrick

Houses discounted by 30% for first-time buyers go on sale under new Government scheme - but expert says it won't supply demand

Reading now: 168
manchestereveningnews.co.uk

Get the latest property market news straight to your inbox Houses with 'locked-in' 30 per cent discounts for first-time buyers are due to go on the market - with councils able to prioritise front-line workers looking to get on the property ladder.

The debut batch of properties as part of the 'First Homes' scheme were set to be put up for sale on Friday, with Housing Secretary Robert Jenrick visiting the East Midlands site to mark the start of the 'route for first-time buyers to stay in their local areas' in the face of soaring house prices.

The discounted homes will be available to first-time buyers for almost a third off compared with the market price, the Ministry of Housing said.

Read more on manchestereveningnews.co.uk
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA