50,000 First-Time Buyers Sign Up In a Month, Says Cameron

More than 50,000 prospective first-time buyers have signed up for the Government’s new Starter Homes programme in its first month, David Cameron has announced. The scheme will help under-40s get on the housing ladder by allowing them to buy a new purpose-built home at a 20 per cent discount. Some 52,225 have already registered, which the Conservatives hailed as showing “massive public support.” A Starter Home will cost no more than £250,000 outside London (or £450,000 in the capital), with resale and letting restrictions for the first five years. The policy applies in England only.  Read more on the Independent website.